News

Allianz Partners India joins Pulse Energy for real-time EV charger access

An EV trip planner will map routes with available chargers.

Allianz Partners India joins Pulse Energy for real-time EV charger access

An EV trip planner will map routes with available chargers.

KakaoPay Insurance hits 1.5m travel insurance enrollments

It has integrated its services through KakaoTalk, which has over 41 million users.

Japan’s vehicle insurance costs to climb in new year

The country’s big 4 players may raise premiums up to 5%.

IRDAI aims for accessible insurance by 2047

Innovations in the insurtech sector were discussed to meet insurance goals.

SEA insurtech funding hits $1.8b

80% of the sector’s funding was secured in the past five years.

APRA sets four-year plan for financial sector stability

APRA will collaborate to address the protection gap in household insurance.

Tough reinsurance market compounded by IFRS 17

Although this shouldn’t affect a company’s financial strength, says AM Best.

A quarter of businesses with standalone cyber insurance act quicker

About 37% of enterprise respondents secured $100m or more in coverage.

Zurich and GXBank target online scams with new insurance

Coverage price ranges from $0.23 per month to $0.92 per month.

Japanese life insurers poised for earnings growth

Though other insurers have weaker profiles due to smaller operations, business diversification

China expands medical insurance to over 72% of village clinics

It aims to cover 100% of rural villages by the end of 2024.

Korea P&I Club's conservative investments support stability

KP&I has implemented general premium increases.

Reinsurers capital seen to reach $625 by end of year

Thanks to higher retained earnings and lower investment losses.

Great Eastern names HSBC banker as new group CEO

Greg Hingston will take the helm once Khor Hock Seng retires on 31 Oct 2024.