Insurance
IAG apologizes for payroll mishap, ensures fix
The issue was due to its manual submission of entitlement claims.
Allianz Partners establishes presence in GIFT City
It is the first foreign reinsurer to operate in the area.
Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses
Taiwan's general insurance industry's profitability isn't likely to be significantly affected.
Allianz Trade’s global WCR hits 16-year high
The rise was due to high inflation and financing costs.
Samsung Fire & Marine halts bancassurance after 20 years: Report
The FSC reports a 15% decline in bancassurance income for Korean non-life insurers.
Australia's life insurance to grow 5.9% CAGR by 2028
Favourable macroeconomic and demographic factors will be catalysts for its 2024 performance.
Suncorp sells NZ life insurance business
The sale was valued at NZ$410m.
HSBC taps Ed Moncreiffe as CEO of Global Insurance
He replaces Greg Hingston, who is leaving the firm to explore other opportunities.
Howden Tiger marks new era with rebranding
It will now be called Howden Re.
Canopius reels in new CEO for APAC, MENA
Soon Keen Lee is expected to join Canopius before the end of Q2’24.
Igloo partners with Tokopedia for consumer protection
The partnership hopes to cover 99% of Indonesia’s districts.
Narrow capital buffer limits Allianz Jingdong's expansion
Fitch anticipates increased synergy and integration between the parent company and its Chinese subsidiary.
Why insurance providers are the key to APAC health solutions
Insurance-backed digital app penetration is projected to rise by 70% in the next two years.
Vietnam’s social insurer revamps org structure for efficiency
94.8% of the 4.7 million dossiers required to be resolved were completed.
Cyber risks escalate with ransomware on the rise: Munich Re
Global cybercrime costs will reach $13.8t by 2028.
Aon’s CFO Davies to retire in 2025
She joined the company in 2007.
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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.
