Insurance
What five challenges do companies face transitioning to captives?
Only 5% to 6% of global captives are headquartered in the region.
What five challenges do companies face transitioning to captives?
Only 5% to 6% of global captives are headquartered in the region.
Sun Life Singapore enhances whole life insurance solution for wealthy Asians
Main benefits include death benefit options and extended expiry age.
Igloo tells 3 strategies to captivate Gen Z in Southeast Asia
40% of Gen Z are worried about making poor financial choices.
Tokio Marine opens new financial advisory arm in Singapore
The life insurer aims to offer a more integrated financial service experience.
Insurers hold 9% to 12% in commercial real estate investments globally
China, whilst strong in absolute terms, is weak relatively.
Climate insurtech seals deal to offer parametric insurance in Asia
Extreme weather events cost global agriculture $10b to $15b annually.
Prudential Singapore gets new CEO
She will also manage Prudential Financial Advisers Singapore.
Chubb Life to focus on steady profit in Asia
This is supported by stable business growth and risk control in Hong Kong market.
Korean insurers' profitability bolstered by strong CSM release
Insurers saw a 46% increase in net profits, attributed to the adoption of IFRS17.
Taiwan's new EV insurance plans to ensure fair pricing
Premium rates for EVs won't exceed those for gas vehicles by 50%.
Zurich Insurance to boost India workforce by 40%
This is equivalent to 600 employees.
Japanese insurer plans merger of European branches
The merger is aimed to be completed around the summer of next year.
Zurich acquires AIG's travel insurance business
The acquisition is worth $600m.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Lockton bags 4th year of double-digit growth in organic revenues
It climbed 14% YoY.
AXA Hong Kong’s new plan covers 135 critical illness
This series provides up to 1,300% of the sum insured for major illnesses.
nib NZ maintains solid underwriting earnings
Its capital adequacy remains sturdy.
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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.
