insurance
More than a third of consumers warm to AI in insurance claims
More than a third of consumers warm to AI in insurance claims
Markets like Australia showed the least enthusiasm.
Nat Re benefits from robust local insurer ties
In 2023, Nat Re saw a notable rise in net profit, driven by improved underwriting.
Samsung Fire & Marine holds robust balance sheet, leads in auto insurance
SFM maintains the highest regulatory solvency ratio amongst non-life insurers in South Korea
Vietnam-China talks aim for long-term elderly care solutions
Health insurance coverage in China has stabilised at above 97% of the population.
India launches pension system for all ages, infancy to 70
NPS Vatsalya allows accounts to be opened for children.
What two challenges impede the finance sector’s ESG goals?
Industry experts agreed that the sector must aim for objectives that extend beyond immediate business interests.
Lloyd’s projects $14.5t loss from hypothetical global conflict
The scenario highlights the vulnerability of global trade.
New HSBC plan multiplies coverage up to six times
The plan also offers enhanced critical illness coverage.
Indonesia's insurers battle rising non-performing loans
Its first quarter performance showed promise.
Insurance cover rises, yet a quarter of Australians still unprepared
More than one-third of respondents had a storm action plan in place.
Will low premiums persist in offshore energy insurance?
Neither frequency nor severity of claims significantly impacted market capacity.
Taiwan insurers post $9.47b pre-tax profit in August
Its non-life insurance segment witnessed a twofold increase.
Insurance scrutiny intensifies on coal, wildfire risks
However, power Industry business interruption sectors see improved pricing.
New Beazley Quantum targets corporations with over $1b turnover
This initiative injects $100m in fresh capacity into the cyber insurance market.
Allianz Life sets sights on doubling business with Kingmaker training
It also offers 24-month financial support of $2,809.
What opportunities does APAC's millionaires offer insurers?
China is home to 6 million millionaires, second only to the US.
Singlife, SAL launch mental health scheme for lawyers
The programme will be offered to more than 13,000 legal professionals.
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Industry experts push for the rapid progress of unified customer data as a starting point.
