In Focus
Life insurers take the lead in Hong Kong Business Insurance Rankings
Some life insurers saw their assets surge by as much as 44% in 2021.
Life insurers take the lead in Hong Kong Business Insurance Rankings
Some life insurers saw their assets surge by as much as 44% in 2021.
Why India will become the 6th biggest insurance market by 2032
Total insurance premiums is growing by 14% annually.
Singapore insurers to profit over shift to digital initiatives: GlobalData
The market share of the top five insurers grew by 3.2 percentage points in 2021.
GIA’s system detects fraud overlooked by insurers
The Fraud Management System uses data analytics and AI that analyse suspicious claims.
The triple threat for marine insurance
These threats are causing the industry $9.53b worth of losses.
Electric vehicles to drive motor insurance growth in South Korea
The number of insured EVs tripled from 2018 to 2021.
Higher insurance claims lead to underwriting pressure for APAC reinsurers
S&P said APAC reinsurers showed slower growth and subdued underwriting margins.
Agencies, bancassurance takes largest slice for life insurance distribution in China
They account for 60.1% and 30% of the share in new business DWP in 2021.
KoverNow: The Netflix of insurance?
Its subscription model gives another option for consumers that don’t want long contracts.
How GBA after-sales service centres will affect Hong Kong insurance
GlobalData’s Sravani Ampabathina believes that the centres will boost health and motor insurance sales.
Ongoing flooding won’t make Australian insurers tap reinsurance: S&P
The analyst also said insurer earnings will only erode slightly.
How do Hong Kongers fare in their retirement preparations
Two out of five are hoping to retire before their 60s, Sun Life reveals.
Is climate risk getting too hot to handle for reinsurers?
Analyst says governments will link arms with reinsurers to fortify natural disaster defense.
Japanese insurers to face stagnant growth in the next five years
Sluggish sales of term life and savings products are slowing down the industry.
Virtual insurer Bowtie cuts down product prices by half
This is done by cutting out insurance agents from the onboarding process.
Banker to insurer: Great Eastern’s Jimmy Tong recalls his journey
The two roles overlap when it comes to protecting clients’ assets
Life, pension segment boosts growth for Malaysia’s insurance industry
The industry is predicted to grow at a CAGR of 8.4% until 2026.