News

Insurers are increasing investments in generative AI by 300%

Half of CEOs view AI as an opportunity, whilst the other half see it as a risk.

Insurers are increasing investments in generative AI by 300%

Half of CEOs view AI as an opportunity, whilst the other half see it as a risk.

Financial and planning gaps leave Singaporeans unprepared for retirement: report

Nearly half of Singaporeans start retirement planning too late.

Miller gets new chief operating officer

She brings over three decades of experience.

Mitsui Sumitomo Insurance, Coalition expand cyber insurance in Australia

Coalition has brought its Active Insurance model to over 1,400 policyholders.

Indian life sector’s new business premiums expected to rise in FY 2025

The industry could maintain a growth rate of 13% in the next 3-5 years.

Sompo welcomes new COO for APAC

She will be based in Singapore.

2024 Policy Address: Hong Kong aims to boost marine insurance offerings

HKIA is also pursuing opportunities with the China Export & Credit Insurance Corp.

Singapore amends insurance bill post-Allianz deal

Key concern raised by the MCCY is the terms and structure of the deal.

Insurers rank regulatory changes, geopolitics as top risks

APAC insurers anticipate high inflation and strong economic resilience.

APAC reinsurance market sees stable pricing in 2024

Although, extreme weather and NatCats could disrupt current pricing stability.

Allianz Australia's capital adequacy to remain strong

Thanks to removal of certain non-life liability adjustments, deferred acquisition cost deductions.

Only 28% of APAC insurers prepared for AI shift

Half of insurers attribute poor customer experience to limited technology adoption. 

APAC insurers trim equity risks, increase capital efficiency: Moody's

APAC P&C insurers face different risks compared to their US counterparts.