Insurance

NZ climate disaster payouts reach NZ$2b

NZ climate disaster payouts reach NZ$2b

It is estimated that NZ$3.5b claims will be rooted in Auckland floods and cyclone Gabrielle.

Chief risk officer to forecast insurance industry trends at upcoming forum

In the rapidly globalising market, the seasoned risk officer stresses the importance of understanding global influences and embracing collaborative...

Two US entities and Fintech Blue Solutions to launch India-based insurer

It targets to sell life and retirement products to the Indian market.

Aon hires new associate director for transaction solutions

She will advise Aon’s clients on how to navigate emerging commercial risks.

ICA urges gov’t to reform insurance tax in future budgets, overall annual fund sufficient

New South Wales currently imposes the highest insurance taxes in Australia.

Hong Kong’s drainage system prevented a greater impact: Guy Carpenter

The 2008 rainstorm alone generated HK$237m incurred claims.

Singlife’s growth trajectory secured by uniting innovation and tradition

Group CEO Pearlyn Phau confident of Singlife’s future as Singapore’s insurance industry is poised for growth.

Nature’s wrath pushes insurers to reshape risk adaptability

Experts shared the reality of cost-efficiency whilst minimising the protection gap.

Chinese regulator takes over insurance company: Report

There is no reason indicated yet for the transfer.

Lower inflation rate moves Japan’s insurers to secure necessary reinsurance capacity in renewals

There has been a shortage of new capital entering the market due to rising interest rates.

Insurtech Bowtie seals $35m series B2 round

It aims to narrow Hong Kong’s insurance gap with the new funding.

Macroeconomic and geopolitical uncertainties cast shadows on APAC insurer confidence

Norton Rose Fulbright’s Anna Tipping emphasises adaptability and risk mitigation as keys to resilience of APAC insurers.

Great Eastern collaborates with telco for home insurance plan

The insurer and Singtel unveiled a plan which covers various residential housing types.

SG’s property insurance to stay afloat in 2023 – GlobalData

Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.

Moody’s RMS assembles cyber insurance steering group

It includes industry giants such as Munich Re and Gallagher Re.