Insurance
WTW’s net income falls 6% YoY in Q1'24
Diluted EPS for the quarter was at $1.83.
4 days ago
UAE mandates employer-paid health insurance to foreigners
This requirement has already been enacted in Abu Dhabi and Dubai.
4 days ago
ARPC simplifies reinsurance for terrorism risks
Insurers must cover eligible policies in a declared terrorism incident, though scheme participation is voluntary.
4 days ago
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
4 days ago
Over 1.12 billion in China receive health e-certificates
The e-certificates enables individuals to present a QR code instead of physical insurance cards.
5 days ago
Malaysia’s general Takaful payouts up 24.4% in responsiveness
MTA anticipates steady industry momentum in 2024.
5 days ago
Philippines’ state insurer scores 21% YoY profit in Q1’24
Total assets jumped 10% YoY to $30b.
5 days ago
AI insurance tech receives $2b investment in 2023
Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
5 days ago
HKIA alerts on fraudulent payment invoices
The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate."
5 days ago
CareEdge forecasts 11% to 13% growth for India’s life insurers
Digital infrastructure is expected to enhance distribution channels.
5 days ago
Igloo partners with finance providers to tackle underinsurance in Vietnam
To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
5 days ago
Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
5 days ago
Munich Re projects $2b net profit in Q1’24
It forecasts a net profit of €5b for the year, 9% higher than 2023.
5 days ago
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
6 days ago
Korean insurers immune from overseas CRE decay: Fitch Ratings
Fitch believes robust capitalisation will enable insurers to absorb shocks from losses.
6 days ago
MS Amlin onboards Moody’s RMS
MS Amlin will utilise Moody’s cloud-native applications for underwriting, capital and pricing.
6 days ago
Commentary
Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions
Renewables push faces climate hurdles post-COP28