Insurance

Thailand insurance premium growth sluggish in 2021

This is due to a weakened economy with higher household debt.

Thailand insurance premium growth sluggish in 2021

This is due to a weakened economy with higher household debt.

How an insurtech firm plans to corner SEA’s digital insurance market

It offered the region a unique tech solution that analyses the driver's behaviour to determine motor insurance premiums.

The ABC’s of embedded insurance

A SOMPO executive discusses how this market is taking a slice of the insurance industry's $6.4t pie.

PayMaya Philippines launches microinsurance service PayMaya Protect

The digital payments platform has teamed up with bolttech for this latest project.

South Asia digital personal P&C premiums to hit $7.5b in five years

Digital personal P&C insurance penetration rate in the region is at 1%-2%.

Are Japanese insurers ready to put a price on climate change?

AM Best associate director Jason Shum said they still have a long way to go.

Will India’s motor insurance decline remain in the rearview mirror?

The recent increase in new auto sales helps get the industry back to the growth path.

Insurtech Surer clinches $1m seed funding

The startup was launched in September last year.

Under the hood of Singapore’s first AI-powered pay-per-km car insurance

The Carro IQ device uses data analytics to easily calculate the vehicle’s lifespan.

Sompo Singapore to use drones in future property risk assessments

The insurer recently obtained the necessary license from CAAS.

Rey Assurance boosts cashless claims with AXA partnership

Rey will work with AXA to remove friction from its cashless claims platform.

Thailand insurers offer vaccine allergy insurance

Ratings firm AM Best, however, cautions insurers to be careful of underwriting risks.

Global insurer Chubb acquires Cigna’s APAC business for $5.75b

Cigna has operations in seven markets in Asia-Pacific.

Federal court rules in favor of Australian insures in COVID-19 BI cases

The insurers avoided coughing up an estimated A$10b in payouts.

Allianz Life launches home care package for COVID-19 patients

This is in partnership with medical home care provider Speedoc.

FWD Group kicks off operations in Cambodia

This marks the 10th market the insurance firm has entered.