Insurance
Overseas ventures of South Korean insurers post mixed results in FY’23
Insurers have operated 41 overseas businesses in 11 countries as of yearend.
Overseas ventures of South Korean insurers post mixed results in FY’23
Insurers have operated 41 overseas businesses in 11 countries as of yearend.
New Zealand supports comprehensive reform of insurance legislation
The ICNZ also pledges to collaborate with the government and regulators.
Prosper Health joins AXA to strengthen healthcare in China
AXA customers gain access to medical facilities across 296 cities in China.
Sun Life unveils new ESG-focused critical illness plan
The plan covers 188 illnesses and 38 complex surgeries.
HKIA welcomes World Bank’s second Cat bond, worth $150m
It will offer coverage against storm risks in Jamaica.
FWD Names Salvilla chief health officer of new unit
Dr. Salvilla joined FWD back in March 2021.
Firewalls are never enough
Greater connectivity heightens businesses' vulnerability to attacks for financial gain, data theft, or industrial sabotage.
Triple P Capital acquires 85% stake in MAAGAP
The investing group aims to boost its presence in the Philippines.
Philippines' microinsurance premiums jump to $240m in 2023
The year saw 56.62 million Filipinos covered under microinsurance policies.
Hang Seng upgrades annuity plan
Only 22% of professionals felt confident about their retirement funds.
Chubb, Maryland to discuss $350m compensation deal: Report
Analysts anticipate total insurer payouts could reach $4b.
Microinsurance sees $41.4b market potential
71.5% of APAC received insurance for property or loss-of-income.
Pacific Prime and MixCare partner for employee wellness in HK
Pacific Prime's customers will now have access to MixCare's platform.
Insurance incentives sweeten EV deal for consumers
Tax incentives and the introduction of charging stations are boosting the EV market.
How are Insurance-Linked Investments profitable?
Schroders says ILS is primarily driven by natural events rather than corporate factors.
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
AIA boosts buyback, targets 75% payout in 2024
AIA is expected to maintain robust risk management practices, S&P Global says.
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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.
