Insurance
Vietnam launches plan for social insurance with Korea
Vietnam launches plan for social insurance with Korea
The international cooperation dept will lead insurance tasks.
PIAM appoints board of directors for 2024-2026
Leading the board is Ng Kok Kheng as chairman.
SCOR logs $191.45m in Q1'24 driven by robust P&C segment
Business segments had mixed results during the period.
Hong Kong ranks 47th in global resilience index
It is amongst the top third of geographies globally.
Swiss Re's innovation drive targets Southeast Asia
Select entrepreneurs will participate in a 6-month programme starting in Jan. 2025.
AIG sells 20% stake in Corebridge to Nippon Life
AIG will keep its 9.9% share in Corebridge for two years.
Australia calls for road data sharing initiatives
The campaign is supported by 18 nat’l organisations, including insurers.
Singapore passes key cybersecurity amendment bill to combat risks
The amendments will extend its scope beyond critical information.
Reinsurance risks increase at Tokio Marine Indonesia
As a small non-life insurer in Indonesia, TMI holds a 2.1% market share.
China strengthens reserves for critical illness policies
Jefferies says looming concerns could dampen profitability.
India's life insurance market to grow 10% annually
The industry is projected to reach $216.1b by 2028.
Swiss Re realigns business units after Ojeisekhoba’s departure
Ivan Gonzalez will soon be CEO of Corporate Solutions.
Zurich Insurance P&C revenue up 12% in Q1’24
Farmers Management Services (FMS) achieved a 6% growth.
Swiss Re posts $1.1b net income in Q1’24
Insurance revenue reached $11.5b.
Claims management key to insurance profitability – KPMG
Traditional claims functions must now evolve to incorporate advanced technologies.
Australia’s disability insurance programme to receive more gov’t support
The government is investing an additional AU$227.6m.
MS Reinsurance boosts board of directors with new appointments
Fukuda and Ellenbürger’s roles are effective 24 April.
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Industry experts push for the rapid progress of unified customer data as a starting point.
