News
HKIA stamps six-year ban on ex-agent for embezzlement and mishandling of premiums
The former insurance agent admitted wrongdoing during the IA's investigation.
HKIA stamps six-year ban on ex-agent for embezzlement and mishandling of premiums
The former insurance agent admitted wrongdoing during the IA's investigation.
Japan plans of space tourism insurance by 2030: Report
The plan is to provide coverage for injuries and other issues that could arise during space travel, akin to conventional travel insurance policies.
United India Insurance eyes retail cybersecurity insurance: Report
The policies will offer insurance coverage to refurbish or replace the affected gadgets and expenses towards retrieving data.
Thailand to offer health insurance for non-locals: Report
It aims to expand healthcare for stateless and non-Thai individuals.
India's non-life industry slows down in November
The slow expansion was attributed to sluggish performance in health and motor third-party insurance, along with a decline in crop insurance.
JFTC storms four big Japanese insurers for alleged cartel behaviour: Report
The insurers are suspected of using co-insurance policies as a mechanism for coordinating and fixing premiums.
Indian lawmakers initiate talks with financial sector starting January: Report
The agenda also includes a meeting with the Insurance Regulatory and Development Authority of India and four major insurance companies on 2 January.
Select life insurers show strong profitability – Fitch Ratings
Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.
Korean non-life and life industry stands steady in 2024 – Fitch Ratings
Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher-value-added businesses.
S.K.’s FSC Issues guidelines for fractional investments in regulatory sandbox
Authorities anticipate that this guideline will enhance business entities.
HKIA flags fraudulent activity
The mentioned company is neither an authorized insurer nor a licensed insurance intermediary under the Insurance Ordinance (Cap. 41).
S.K.’s stock market index to release English disclosures this coming year
The mandatory English disclosures of significant information will be enforced for KOSPI-listed firms in two stages.
Shareholder support, markets seen to boost Qianhai Re’s capital structure: AM Best
Despite earnings decline in 2022 due to negative changes in investment valuations amid capital market volatility, QHR has remained profitable over the past few years.
Malaysia Life Re enters family retakaful market
As part of its philanthropic efforts, MLRe contributed RM20,000 to two Tahfiz institutions during the launch event.
Hong Kong virtual insurers need to be ‘extra user-friendly’ – Consumer Council
The council urged the industry to enhance website functions and improve the disclosure of privacy policies to enhance consumer confidence in virtual insurance products.
Life insurers urged to examine contracts for transparency – APRA & ASIC
The joint APRA and ASIC review prompts regulatory expectations for Australian life companies.
Hong Kong digital insurer secures partnership, enters UAE market
This partnership aims to bolster support for web3 entities, including banks, custodians, and asset managers across the Middle East.
Thought Leadership Centre
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
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.
