News
Cyber resilience lagging despite budget increases
Cyber resilience lagging despite budget increases
The average cost of a data breach across respondents stands at $3.3m.
Gen Zs, Millennials drive 85% of total insurance sales
Gen Z and Millennial advisors conduct most of their business online.
China to build science and tech insurance framework
NFRA plans to introduce incentives such as rewards, subsidies, and tax benefits.
Meiji Yasuda Life’s core profit up 27% from strong sales
The weaker yen against the US dollar also boosted profits.
How are new energy vehicle sales shaping China's insurance market?
NEV sales saw a 33.3% increase in Q1 2024.
Institute calls for improved coverage for mental health
Patients suffering from depression increased by 35% from 2017 to 2021.
Mumbai broker expands in Dubai
The division will serve as a regional hub for MENA markets.
Generali, UNDP tackle $1.8t protection gap
Parametric policies provide pre-agreed payouts based on verified triggers.
IAG slashes jobs after reporting high profits
IAG said the job cuts are part of a restructuring plan that began in March.
Japanese insurer targets ¥45b in green premiums
Tokio Marine Group is also working with its corporate clients and investors.
Families receive aid after school bus tragedy in Thailand
OIC confirmed the bus had compulsory motor insurance from Viriyah Insurance.
Prudential, Bank Syariah partner for bancassurance offering
Starting in early 2025, Prudential will provide products to BSI customers.
Sun Life debuts peso tech funds
The funds come in two variants.
SEADRIF issues $3m payout to Laos
Donor governments include Japan and Singapore.
UniMed’s capitalisation hits strongest level in 2023
Thanks to low underwriting leverage and moderate investment risk.
Cheche and Tokio Marine boost China insurance ties
Tokio Marine & Nichido Fire Insurance was the first Japanese insurer to enter China.
Super Typhoon Yagi triggers IFRC insurance policy
Thanks to disaster relief demands in 2024 surpassing the fund’s $40m threshold.
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Industry experts push for the rapid progress of unified customer data as a starting point.
