News
New business value in China’s insurance sector show strong growth in 1H23: UOB
It expects NBV growth in domestic and regional life insurance to diverge in the second half of 2023.
New business value in China’s insurance sector show strong growth in 1H23: UOB
It expects NBV growth in domestic and regional life insurance to diverge in the second half of 2023.
Canopius bolsters APAC team with two Australian members
The insurer aims to prioritise offerings in the Australian market.
Blue Cross APAC earnings remain ‘marginal’ thanks to integration
The company continues to benefit from both explicit and implicit support from AIA.
Hotai Insurance to maintain strong capital stance until year-end
The prediction is due to the company’s improved balance sheet, attributable to its mitigation plan.
Top industry leader to speak at Insurance Asia Forum in Manila
Etiqa Philippines President and CEO Rico Bautista will discuss industry challenges and insurtech initiatives to aid in decision-making processes.
Korea’s foreigners face tighter insurance requirements: Report
Non-nationals will qualify for health insurance if their stay is at least six months.
MAS unveils list of too-big-to-fail insurers, imposes higher capital requirements
The four initial insurers are to face a 25% capital add-on, boosting higher and lower supervisory intervention levels, CET1 and Tier 1.
Allianz Commercial to gain new head of construction next year
Before Darren Smart takes his role in 2024, Gordon Browne will continue to oversee his segment.
FSC to revise measures for pet insurance in SK: Report
Lack of veterinary treatment and limited public awareness of pet insurance has been a factor in the small market penetration.
Miller assembles APAC treaty team
This comes in line with its goal of expanding its reach in the region.
NZ climate disaster payouts reach NZ$2b
It is estimated that NZ$3.5b claims will be rooted in Auckland floods and cyclone Gabrielle.
Chief risk officer to forecast insurance industry trends at upcoming forum
In the rapidly globalising market, the seasoned risk officer stresses the importance of understanding global influences and embracing collaborative approaches to industry challenges.
Two US entities and Fintech Blue Solutions to launch India-based insurer
It targets to sell life and retirement products to the Indian market.
Aon hires new associate director for transaction solutions
She will advise Aon’s clients on how to navigate emerging commercial risks.
ICA urges gov’t to reform insurance tax in future budgets, overall annual fund sufficient
New South Wales currently imposes the highest insurance taxes in Australia.
Hong Kong’s drainage system prevented a greater impact: Guy Carpenter
The 2008 rainstorm alone generated HK$237m incurred claims.
Singlife’s growth trajectory secured by uniting innovation and tradition
Group CEO Pearlyn Phau confident of Singlife’s future as Singapore’s insurance industry is poised for growth.
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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.
