Insurance
FWD witnesses new business sales jump 22% in 9M23
The value of new business rose to $724m year-on-year (YoY).
FWD witnesses new business sales jump 22% in 9M23
The value of new business rose to $724m year-on-year (YoY).
Swiss Re registers $2.5b profit in 9M23
The company aims for more than $3b in net earnings for 2023.
Asia’s Q3’23 insurance pricing flat for the second quarter in a row
Overall pricing for the third quarter remained flat, similar to the previous quarter.
SG accident, health insurance to see highest growth of 6.7% annually
Personal accident and health insurance are poised to witness significant growth amidst a thriving general insurance landscape in Singapore.
IRDAI assembles taskforce for bancassurance
The share of banks as corporate agents was 5.93% of non-life insurance and 17.44% of new business premiums in 2022-23.
ICA picks out seven catastrophe-related areas insurers need to improve on
Eight insurers’ action responses to the Cat 221 were analysed for the report.
HSBC Life reveals new leadership appointments
Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.
Seven countries benefit from initial anticipatory action and disaster risk reduction programme
Its goal was to minimise the impact of disasters on individuals and communities.
Zurich acquires 51% stake in Kotak Mahindra Bank's general insurance arm
The insurer said it plans to buy 19% more in the future.
APRA inserts AU$20m more in capital requirement to RAC Insurance
APRA saw significant weaknesses in RAC's outsourcing controls, conflict management, and board decision-making processes.
Health insurance amongst top five benefits S’poreans are looking for in jobs: Survey
Eight out of 10 companies are facing tough competition when hiring.
MSIG bolsters EV coverage in Singapore
Electric vehicle usage in Singapore surged 200% since 2021.
Asians prioritise financial planning the most when falling ill: Peak Re
Six out of 10 Asians fear cyber security attacks.
Allianz Trade APAC appoints new HK commercial director
Tricia Koh will oversee commercial activities in Hong Kong, Taiwan, and South Korea.
Ping An’s 9M23 profits register $12b
Retail customers reached almost 230 million, with a contract ratio of 2.99.
Great Eastern profit attributable to shareholders grew 21% in Q3
It increased to $180.2m.
Sompo Int’l assigns new lead for crisis management, commercial P&C insurance
Chiew is based in Singapore and joins from AXA, where she was a senior underwriter.
Thought Leadership Centre
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
