Insurance
GIAJ initiates survey for efficient assessment and claim payments after earthquake
GIAJ initiates survey for efficient assessment and claim payments after earthquake
The survey will be conducted through the use of aerial and satellite photography.
Regulator urges Sompo Japan to address corporate culture after Bigmotor scandal: Report
Bigmotor was involved in charging excessive repair fees.
Japan bucks trend, positive asset returns boost pension index in Q4’23
The pension index decreased across regions for the full year, with single-digit decreases, except for Japan and the US.
Int’l association establishes roadmap, prioritises ICS
The roadmap pans out five high-level goals with key projects and objectives.
Actuaries Institute urges overhauling Australia's retirement system
The white paper calls for a regulatory framework for superannuation trustees.
Phl’s microinsurance expands 19.6% YoY in Q3’23
Over 56 million Filipinos were insured during the third quarter.
AM Best addresses concerns on China's economic slowdown, highlights insurer financial security
China will diversify its sources of economic growth to counteract the impact of an ageing and declining population.
Insurance-linked securities to tackle Asia's growing climate protection gap – HKIA
Hong Kong's potential role in leveraging its mature insurance and capital markets to provide alternative risk transfer tools can address NatCat risks...
Howden Asia reels in new chief client officer
Mike Baker will collaborate with Howden’s multinational client practice.
Meiji Yasuda's operating performance backed by solid balance sheet – AM Best
The insurer has demonstrated a large premium revenue stream and strong base profits.
Unmarried individuals in Singapore less resilient socially, financially– study
New study baselined the four resilient domains among Singaporeans: social, physical, mental, and financial.
AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year
The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.
Prudential appoints new non-executive director and announces committee changes
Mark Saunders will become a non-executive director whilst Jeanette Wong will take over chair of the audit committee from David Law.
MS Amlin renews Singapore Cat Bond
The development comes after the increasing natural disaster risk environment in the region.
Sun Life expands private health services to HNW market
High-net-worth clients in Hong Kong, Singapore and Taiwan will have access to US-based PinnacleCare.
Only six out of 10 companies believe employees are fit to use modern tech
Insurance companies said using multiple systems includes high costs, inefficiency, and time and resource consumption.
Australia’s MVRI Code of Conduct overhaul implements recommendations for better governance
The CAC is also enhancing the user experience on the code's website in response to industry feedback.