insurance

NDIA holds quarterly meeting for further enhancement of the RFO programme

The programme focuses on identifying scheme improvements prior to the government’s response to the NDIS review.

S&P expects modest growth for BOC Insurance amidst market dynamics

The firm is expected to continue to provide high dividends to the BOC Group.

Malakut boosts international team with Sogo Yasuda at helm

The broker established a new globally integrated Japanese brokerage department.

AXA launches new deferred annuity plan for retirement

Policyholders can withdraw guaranteed monthly annuity payments from age 50.

FWD Philippines, Moneymax partner for insurance access

The platform will include FWD’s offerings for critical illness, accidental death, and lifetime protection.

Markel expands into Australia with specialised coverages

The new professional indemnity products cover six professional areas.

South Korea eyes more investments in trade insurance

South Korea's exports have shown strong performance since the beginning of 2024.

Singlife Philippines secures $10.7m for digital expansion

The capital injection will be used for platform enhancement, product innovation, and partnerships.

Reinsurers adopt risk-on strategy, boost capacity – Gallagher Re

Japanese catastrophe excess of loss programs showed consistent quoting.

Tokio Marine sets up desk in New York

The desk is dedicated for investors and shareholders.

LIAM re-elects Raymond Lew as president

Lew holds over 30 years of experience as chief executive officer and president of Sun Life Malaysia Assurance Berhad. 

AM Best affirms Hollard Insurance’s outlook as stable

The company’s strong financial flexibility is attributed to shareholder support, including capital injections and hybrid debt issuances.

HKIA and HKPF inks MOU on a joint framework for legal services

The agreement will ensure the insurance market’s reliability and security.

Insurers brace for record Baltimore bridge claims

The Singapore-flagged container ship Dali was initially bound for Sri Lanka.

Insurers to use 40% AI with synthetic data by 2027

18% of businesses are using synthetic data to comply with privacy regulations and enable secure data exchange.

Singlife and iAPPS Health launch exclusive group plan

The plan is open for individuals aged 18 to 70 years old.