Insurance

Noto earthquake saw $480m claims paid – GIAJ

Total claim payments received were 81,544.
4 days ago

Noto earthquake saw $480m claims paid – GIAJ

Total claim payments received were 81,544.
4 days ago

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

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