Insurance

India’s non-life insurance premiums expand slower in May

India’s non-life insurance premiums expand slower in May

Indian non-life insurance market is projected to grow by approximately 13-15% in the medium term.

The future of Asian insurance: sustainable, digital, generation “Z”

Insurance leaders and experts shared the common denominators that insurers are struggling with along with the future of the industry and who it is for...

IT investments to impact FWD General Insurance’s profitability: Fitch

The insurer will complete a significant portion of its IT investments by the first quarter of 2024.

Tech is key for ESG reporting: Ping An Insurance chief

The company also announced its dedication to expanding green finance and striving for carbon neutrality in its operations by 2030.

Lexasure, Qornerstone forge partnership to boost real estate risk mitigation products

Insurance products will cater to residents of Singapore and Malaysia.

AXA Hong Kong, Macau unveil insurance for domestic helpers

The coverage offers employees compensation up to HK$100m.

MSIG Asia boosts regional team with new CTO, risk head

William Song is the new Chief Technical Officer while Felicia Er will take his former role.

Manulife Asia names Phil Witherington as new CEO

Phil Witherington is named as President and Chief Executive Officer (CEO) of Manulife Asia.

Malaysia-based digital insurer, bike manufacturer inaugurates bicycle insurance

This will provide cyclists protection against damages and theft.

AXA launches climate risk evaluation solution

This allows AXA’s clients to meet the regulatory requirements amidst climate change.

FWD marks 10th year anniversary with launch of community care initiative

The insurer's annual growth rate hit 214% in 2022, making them Macau's top insurer.

Surer, Etiqa unveil digital motor insurance service

The partnership enables insurance intermediaries to distribute digitally.

HK Insurance Authority sends alert on fake Cheerson website

A false website is claiming to be the official site of Cheerson Insurance Brokers.

Government weakness heightens Sri Lankan insurers' risks: Fitch

Earnings are expected to be under pressure, and costs are higher due to currency devaluation.

Australia's insurance council hails A$400m in extreme weather protection

From 2019 to 2020 alone, bushfires caused AU$13b in damage.

Hong Kong insurer eyes raising HK$4b for UAE insurance ambitions

Target Insurance plans to secure HK$4b in financing.

AXA announces management changes in APAC

Hassan El-Shabrawishi is now the CEO of International Markets, covering Southeast Asia.