Insurance
Japanese life segment stands strong as firms maintain solid capital positions: AM Best
Several tailwind factors improved overall business conditions.
Japanese life segment stands strong as firms maintain solid capital positions: AM Best
Several tailwind factors improved overall business conditions.
Climate risk is burning billions and Asia remains vulnerable
In 2021, the largest recorded natural disaster in the region cost over $2b.
Everest Insurance gets regulator nod for Singapore entity
This marks the global insurer's official entrance to the Asian market.
India’s recently cancelled cricket match triggers $5.75m in insurance claims
The cancellation of the recent match triggered several claims.
Taiwan’s COVID-19 insurance policy complaints surges
Complaints is now 25 times higher than last year.
HK insurers’ response to sustainability challenges
The effort to embrace and promote sustainability is not without challenges
Allianz Malaysia names new chairman
The new chairman was the former CEO of Allianz General Malaysia.
Women in insurance: What’s blocking the way to diversity?
Unconscious bias and ‘double shifting’ are just some of the known hurdles.
$3.37b losses in Eastern Australia floods to challenge insurers
The initial assessment of losses was $2.75b in April.
Dai-Ichi Life and Resolution Re signs reinsurance agreement
This marks the first Japanese reinsurance transaction for Resolution Re.
Insurers can halve emissions by 2030: UN official
The UN assistant secretary-general for climate action has three asks for the industry.
WTW appoints new Thailand country head
The current head will now be in charge of Vietnam.
APAC life segment records highest growth rate in over five years in 2021
Life insurance premiums in the region reached a record-breaking $1.3t.
Going hybrid is key for traditional insurers to rival insurTechs
Insurers stuck in traditional ways may find it hard to outclass these new disrupters.
Hong Kong insurance regulator bans broker over hiding of payment mistake
The broker then tried to shift the blame to his client.
Open Insurance launches partnership with New Zealand telco
The partnership aims to bundle power, mobile, and insurance in one.
Information technology could bolster insurance industry growth: Indonesian regulator
The industry has grown by 8.67% annually for the past five years.
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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.
