Insurance
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
BMS reels new Chief Broking Officer
He brings over 30 years of experience in the industry.
Singlife introduces Legacy IUL for affluent market in Singapore
It’s coverage starts from $250,000 for death and terminal illness protection
Reinsurance capital to rise 9% to $620b in 2024
Risk appetites continued to improve through H1 2024.
Insurers face pressure to modernise with self-service tools.
Insurers face pressure to modernise with self-service tools.
Zurich cuts over half of air emissions through ESG initiatives
Sustainability measures lead to 60% reduction in emissions.
Aon's new framework to enhance insurer profitability
It focuses on uniting capital and portfolio strategies ahead of January 2025.
AXA expected to sustain strong financial performance in next 12 months
AXA's capital strength remains solid, with a Solvency II ratio of 227%.
Co-op Life benefits from favourable underwriting results
AM Best expects continued robust pricing and positive investment income.
Insurers struggle to track technology investment value
Insurers face challenges in measuring ROI.
DB Insurance’s capital to remain resilient amidst hostile environment
Its operating performance is supported by its underwriting performance.
Japan's insurance market tightens amidst increased disasters
Japan’s 3 major groups account for 86% of net premium income.
India gov’t to sell 6.8% stake in General Insurance Corp
The stake will be sold at a floor price of INR395 per share.
Rate hikes likely to boost Tokio Marine & Nichido Fire’s domestic non-life growth
The insurer has maintained a solid return on equity of 7.4% from 2019 to 2023.
Income Insurance launches first hourly travel coverage
The product replaces the previous version, which was limited to Bintan, Batam, and Malaysia.
HK plans streamlined process for overseas insurers amidst stellar performance
Chairman Yiu attributed the industry’s standing to the RBC regime.
China's insurance reforms aim to support smaller insurers
However, larger insurers continue to dominate the market.
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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.
