News
Australia’s top five insurers contribute 33% of insurance, pension market
Rising B2B costs pushed overall industry costs up by 2.5%.
Asians spend 30 times less on insurance than Americans
Despite major markets like China and Japan, per capita spending remains modest.
How insurers can harness AI for enhanced risk assessment
Generative AI augments decision-making and hyper-personalization.
Sun Life gets new CRO for Asia
He joins from FWD Group.
Great Eastern backs MoH's pre-planning initiative with new legacy programme
This makes the insurer the first one to support the pre-planning campaign.
Insufficient insurance amplifies banks' climate risk
The lack of coverage raises silent risks in the banking industry, Aon said.
Court penalises agent for premium theft
A client paid $7,693 to the agent, which was later misappropriated.
FWD’s net profit halves in H1 2024
All four geographic business segments delivered operating profitability.
Foundation Life (NZ) focuses on restructuring life insurance portfolio
If the proposed scheme is completed, the company is seen to cease insurance activities.
Tune Protect Thailand reels in new CEO
She previously worked with MSIG Thailand.
Home insurance affordability worsens across Australia
Affordability stress has surged by 30% over the past year.
Why nearly half of S’poreans feel hopeless reaching financial freedom
The average consumer owns 3 types of insurance, but only 57% have life coverage.
Allianz Malaysia’s Q2 2024 earnings show modest growth
The H1 2024 performance of its general segment was offset by its life business.
Profits of Sri Lankan insurers jump 35% YoY in Q1 2024
Its assets climbed 10.9% YoY.
FWD Life Vietnam’s H1 2024 profit soars 70% YoY
Year-to-date, it reported a loss of $232.5m.
Mega Insurance seen to shift reinsurance strategy amidst domestic concerns
Its investment portfolio has been 90% cash equivalents and fixed-income securities.
Thought Leadership Centre
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1. 8 in 10 consumers do not trust organisations to manage their datad 2. Will reinsurers see price increases in 2025? 3. China's financial assets hit $68t, insurance surge 15.7% YoY 4. Cambodian insurers see gross premiums inch up 1.92% in August 5. Reinsurance market slated for 6.5% annual growth until 2032Resource Center
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Event News
Event News
Are insurers ready for solar power's rapid growth?
![Are insurers ready for solar power's rapid growth?]()
Insurance
Solar PV systems are attracting over $500b in investments in 2024.
Solar PV systems are attracting over $500b in investments in 2024.
Commentary
Intelligent decisioning: The essential element of a modern, customer-centric insurance business
Going green carries its own environmental risks