News

Global trade credit insurance market reaches $14b in 2022 – ICISA

Trade credit insurance serves as a vital risk management tool for businesses.

Australian lawyers call for e-scooter safety and insurance refinement

The ALA advocates for a comprehensive review of insurance and regulation for e-scooters to establish a system ensuring all riders.

GIC Re posts higher premium income in 1H23

However, its underwriting loss increased.

Singapore’s Igloo partners with e-commerce platforms for a safer shopping season

The influx of online shopping activity can lead to fraud and cybersecurity threats.

Sun Life Singapore launches life insurance package for Prudential clients

SunBrilliance Indexed Universal Life will be the first universal life solution plan for PFA clients.

FinTech industry poised for huge change thanks to AI: MAS

The festival will address both the promises and pitfalls of AI in the financial industry.

IAG enters cyclone reinsurance pool

It aims to reduce insurance premiums for eligible policyholders in cyclone-prone areas.

Zurich, Mandala partner to unveil first climate risk index for power sector

The index is a comprehensive quantitative climate assessment for the entire energy generation sector.

Singapore’s life insurance industry dips 9.7% in 9M23

The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.

Aspen names new int’l head of cyber

He will continue to be based in the London office. 

New Zealand’s insurance profitability remains subdued – Reserve Bank

Regarding regulatory updates, progress has been made in two reviews of insurance regulation. 

Manulife surpasses Q3 performance expectations: Report

Analysts have estimated 83 cents per share for the quarter.

Insurers close protection gap amid rising mental health issues

As Singapore sees a large protection gap, insurers attempt to close the gap through emphasizing mental health and sustainable inclusivity.

Ping An denies news of takeover move: Report

The insurer denied taking a controlling stake in the troubled Country Garden.

Munich Re records $3.9b profit in 9M23

The German reinsurer has been following the new reporting standards IFRS 9 and 17.

AXA XL appoints new CUO for APAC, Europe

She has extensive experience as an environmental liability underwriter.