Insurance

FWD Insurance partners with Bank Simpanan National for bancassurance offerings

FWD Insurance partners with Bank Simpanan National for bancassurance offerings

FWD Insurance joins forces with Malaysia's oldest bank, which has 387 branches and serves nine million customers. 

OJK establishes four regulations to strengthen insurance and pension system

These regulations hope to address capital capacity limitations in the insurance industry.

PIAM supports upcoming vehicle repair requirements for safer roads

The Automotive Engineering Division of JPJ is revising guidelines on vehicle accident repair which take into account the latest advancements in auto...

Global economic loss from natural disasters reaches $380b, China floods second-highest

This is the fourth year in a row where economic losses surpass $100b.

MPM Insurance seen to maintain cautious investment moves, balance risky assets – Fitch Ratings

The insurer sustained a sufficient capital buffer, with a regulatory risk-based capital (RBC) ratio consistently above 250%.

AXA Hong Kong revamps multicurrency plan

The upgrade hopes to address flexibility, diversity, liquidity and sustainability concerns.

Businesses face six interconnected risks this 2024 – J.S. Held

Businesses should be on the lookout for the effects of geopolitical shifts, economic challenges, and natural disasters.

Lockton enters Indian market, appoints country CEO

Dr. Sandeep Dadia will be the country CEO.

Steady outlook seen for Thai Reinsurance Public: Fitch Ratings

Growth is expected in the accident and health sectors.

HKIA announces new executive director

Two executive directors will be appointed soon to oversee long-term and general business.

Budget Direct Insurance eases GST burden, also adopts Singpass Mobile

E-vouchers with 9% GST savings will be offered when customers purchase a new car or motorcycle plan online.

Kita extends carbon insurance specialities in Singapore

It aims to offer carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries in the market.

NorthStandard expands S. Korea presence, boosts regional network

It also plans to recruit local experts familiar with the Korean shipping market.

Allianz Life sees number of new agents grow 51.9% in  2023

Its market share expanded to 12.1% during the same year.

Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters

Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward. 

38% of financial institutions attain full-stack observability

There is an urgent need for traditional FSI and insurance companies to digitally transform due to increased competition and consumer expectations for...

Fidelity International boosts APAC team with new appointment

Pierre-Emmanuel Brard has experience handling Asian markets such as China, Hong Kong, Japan, Korea, Malaysia, Singapore, Taiwan, and Thailand.