Insurance Asia
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Insurers rank regulatory changes, geopolitics as top risks
Insurers rank regulatory changes, geopolitics as top risks
APAC insurers anticipate high inflation and strong economic resilience.
APAC reinsurance market sees stable pricing in 2024
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Asia’s business insolvencies to rise by 3% in 2024
Asia’s business insolvencies to rise by 3% in 2024
If excluding China, it could rise by 8%.
Allianz Life launches multi-claim critical illness coverage
Allianz Life launches multi-claim critical illness coverage
It offers up to 320% of the insured amount.
Allianz Australia's capital adequacy to remain strong
Allianz Australia's capital adequacy to remain strong
Thanks to removal of certain non-life liability adjustments, deferred acquisition cost deductions.
Only 28% of APAC insurers prepared for AI shift
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC P&C insurers face different risks compared to their US counterparts.
Specialist Risk Group expands to Asia, sets base in Singapore
Specialist Risk Group expands to Asia, sets base in Singapore
A non-executive director has been appointed.
Sumitomo Life new plan covers despicable contact lenses
Sumitomo Life new plan covers despicable contact lenses
The policy provides a one-time payout of $33.40.
Milton’s $50b losses won't impact rated insurers: Fitch Ratings
Milton’s $50b losses won't impact rated insurers: Fitch Ratings
This will bring 2024’s total global insured losses to over $100b.
MediShield Life to hike premiums, claim limits, and coverage by 2025
MediShield Life to hike premiums, claim limits, and coverage by 2025
The government will provide $4.1b for these enhancements.
Malaysian general insurance association welcomes new CEO
Malaysian general insurance association welcomes new CEO
He will succeed Julie Lean Gim Chong.
India’s LIC cuts first-year commission to 20%
India’s LIC cuts first-year commission to 20%
This adjustment brings the total first-year commission down from 35% to 28%.
Exclusives
Insurance
Etiqa set for growth after being named HDB fire insurer in Singapore
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Insurance
Filipino gamers hold promise for FWD
![Filipino gamers hold promise for FWD]()
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
Insurance
Indonesian insurers’ old-school thinking holds back sector
![Indonesian insurers’ old-school thinking holds back sector]()
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
Insurance
Zurich partners with Tesla in Australia as it rides EV trend
![Zurich partners with Tesla in Australia as it rides EV trend]()
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Insurance
CrowdStrike meltdown may shore up cyber insurance premiums
![CrowdStrike meltdown may shore up cyber insurance premiums]()
Insurers are refining their policies after the global tech outage to better manage risks.
Data analysis, key to AIA Indonesia’s success in combatting fraud
![Data analysis, key to AIA Indonesia’s success in combatting fraud]()
Standard operating procedures and trained investigators keep AIA Indonesia in check.
Insurance
What risks insurers warn of in evolving motor insurance sector
![What risks insurers warn of in evolving motor insurance sector]()
Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
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