Insurance
MS First Capital elects new CEO after the passing of former
MS First Capital elects new CEO after the passing of former
Ramaswamy Athappan passed away last month.
ICA proposes updates to insurance code
The code was first introduced in 1994.
Vietnam and the IMF discuss social insurance expansion
Topics included enhancing pension policies amidst changes to the Law on Social Insurance.
Australian insurer warns of anxiety levels caused by extreme weather
Over half of individuals said they turn to family for mental health support.
Prudential Hong Kong opens multipurpose space
It also expanded its academy to this 53,600 sqft office.
Vietnam stresses efficient health insurance management
General Director Nguyen pushes for strengthening the system for statistics, synthesis, and evaluation.
Vehicle damage leads $356m hailstorm claims in Hyogo
Total claims paid reached 119,238.
Australian insurance sector combats inflation with premium hikes
Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.
APAC to lead global EV insurance market in the next five years
The global EV insurance market is seen to skyrocket by 40.3% in CAGR.
Cathay Life's capitalisation robust ahead of 2026 standards
The insurer holds a 21.3% market share of premiums in 2023,
Ansvar sees positive earnings despite PSA claims
The company recorded positive operating earnings in 2022 and 2023.
Japan’s interest rate rise offers lessons for China’s insurers
To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.
India’s non-life sector bags double-digit growth
It saw its premiums surge 14.9% in May.
Tokio Marine Financial Advisers announces new CEO
He has more than two decades of experience in the industry.
8 in 10 Filipinos seek more insurance amidst rising costs
Out-of-pocket health expenses reached $9b in 2022.
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
Ping An upgrades proactive health management system
Nearly 13 million users were enrolled in the family doctor membership last year.
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Industry experts push for the rapid progress of unified customer data as a starting point.
