Insurance
APAC to lead microinsurance market – report
APAC to lead microinsurance market – report
Globally, the segment’s CAGR is forecast to rise 6.2% by 2031.
FWD Singapore enters HNW insurance market
Jason Tsui has been selected as Chief High-Net-Worth Officer to spearhead the segment.
Howden ramps up Singapore marine team
The insurance brokerage firm appointed Bozidar Ljubisavljevic as the Executive Director.
HSBC Life Singapore unveils new CEO
Harpreet Bindra will oversee the company’s business strategy in Singapore.
FWD Group’s new business value jumps 22% YoY in first half
The six months to June accumulated $482m in new business value.
MAS-licenced MoneyOwl to wind down financial advisory business
The company found that its advisory business is not financially viable.
Australia assures FIs with new corporate plan amidst surfacing risks
This is to assure the stability of insurers, banks, and superannuation sectors.
Taiwan’s pre-tax earnings register NT130b, YTD
Both its life and non-life markets saw incremental year-on-year increases.
Prudential expands 39% YoY in new business profits for first semester
Outlook for the region remains mixed.
Qoala on a tech-driven mission to insure more Malaysians
Its online platform promotes financial literacy and strategic partnerships, aligned with the government’s insurance agenda.
APAC amongst fastest growing cyber insurance market: S&P Global
It grew 51.2% in the past five years but remains the second smallest market globally.
Great Eastern and Intellect launch 24/7 mental health helpline for employees
This provides employees with personalised and immediate guidance.
Prudential names new CEO for Eastspring Investments
In the near future, a new CIO will be appointed.
Reinsurance industry shies away from calamity coverage: Fitch Ratings
Underwriting discipline to continue in 2024 but price-hikes will be moderate.
ANZIIF and general insurers set out a new framework for better claims and settling services
The competency-based framework outlines the professionalism that must be upheld by the industry.
More than half of Thai policyholders willing to share more information for personalised insurance coverage: Survey
Income protection policyholders want more detailed coverage.
Sunshine Insurance shows bright preliminary H1 2023 performance
It saw its gross written premiums climb 7.7% to RMB67.81b in the first semester.
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