Insurance

Japan's P&C insurers can manage losses from Kyushu floods: analysis

Large industrial zones were not affected, which would limit potential losses.

Japan's P&C insurers can manage losses from Kyushu floods: analysis

Large industrial zones were not affected, which would limit potential losses.

Generali Indonesia partners with Munich Re to boost underwriting processes

The latter's cloud-based platform will also help streamline risk assessment.

Indonesia mulls closing state life insurer Asuransi Jiwasraya

Policies will be restructured and then turned over to a new company.

Japan's P&C insurers likely to brush off impact of Kyushu rains

But it's still too early to assess the whole damage, an analyst said.

Indian e-commerce firm Paytm buys out Raheja QBE General Insurance

Former owners Prism Johnson and Australia's QBE will divest.

OneDegree Global pilots digital transformation platform IXT Core

It will streamline the value chain and help insurers release products quickly.

AIA Singapore announces more changes to top brass

Wong Sze Keed was recently promoted to CEO in 1 July.

Allianz Malaysia pilots lifestyle protection plan

It is available in five diferrent plans for as low as $20 per year.

One-third of New Zealand's SMEs mull insurance changes

One in five is looking to increase its cover.

Malaysia's insurance sector sees quick recovery until 2030

The sector dodges contraction with a measly 0.9% premium growth this year.

FWD acquires MetLife Hong Kong

The company will rebrand and rename MetLife in the next few months.

Dai-ichi Life Holdings names Koichiro Watanabe as director

He holds the same position for Dai-ichi Life Insurance.

FWD acquires MetLife Hong Kong

FWD will still honour all existing policies.

India urges insurers to offer COVID-specific health policies

A lump sum benefit equal to 100% of the sum insured shall be payable.

South Korean insurers faced financial decay in Q1

Risk-based capital ratio declined 2.4pp to 267.2% in March.

Aon names Clarence Ting as Asia industry specialties claims head

He was the former P&C claims manager for Swiss Re Asia.

Lower claims cushion Australian P&C insurers from market volatility

Effective policymaking has also protected the segment from external shocks.