Insurance
Prudential's new business profit jumps 45% YoY
Prudential's new business profit jumps 45% YoY
Prudential’s CEO is optimistic about reaching its 2027 financial and strategic objectives.
Singlife’s GROW and AllianzGI launch Allianz Global Income fund
Allianz Global Income fund's initial public offering (IPO) began on 15 March.
Chubb and Atome forge regional partnership for consumer protection
Both entities are also planning to release a second insurance product in Q2’24.
Rick Allen assumes key role as chief underwriting officer at Sompo
Rick Allen will is succeeding Cliff Easton, who is retiring.
Lloyd’s, UNCDF champion parametric insurance for climate-vulnerable regions
The partnership plans to replicate the model in other regions, including Asia.
Prudential reels Anette Bronder for newly established role
Bronder will oversee technology and operations, focusing on shaping the organization's target operating models.
Vietnam's new law to stifle insurance sales growth – AM Best
The law is expected to allow policyholders to choose products they need at competitive prices.
Australians strike out health insurance amid soaring costs
Over the past twenty years, health insurance prices have more than tripled.
Korean Re faces downgrade risk amid shifting market dynamics
S&P hints at better assessments if Korean Re sustains strong performance and market leadership.
Generali achieves a 5.6% growth in gross written premium for FY2023
The company’s operating result also grew 7.9%.
Insurtech Carrot to develop behaviour-based solution with Indonesian insurer
The collaboration will facilitate LGI's introduction of BBI products in Indonesia.
41% of Australian travellers opt out of purchasing travel insurance
27% of Australians think travel insurance is unnecessary.
Participation in social insurance grows across Vietnam
Insurance premiums worth $1.99b (VND36.66t) have been collected in the first two months of 2024.
Hong Kong’s PA&H insurance sector to reach $28.5b in 2028
This growth was driven by the increased health awareness brought by the pandemic.
Tokio Marine intensifies climate strategy with policy revisions
The company aims to achieve carbon neutrality by 2050.
Allianz Singapore's claims bot hits milestone with 100 monthly claims
The claims bot, Allison, was launched in July 2023.
Zurich Insurance and Klook collaborate for solution to flight delays
The FlyEasy benefit offers lounge access to those with flight disruptions.
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