News
Specialist Risk Group expands to Asia, sets base in Singapore
A non-executive director has been appointed.
Specialist Risk Group expands to Asia, sets base in Singapore
A non-executive director has been appointed.
Sumitomo Life new plan covers despicable contact lenses
The policy provides a one-time payout of $33.40.
Milton’s $50b losses won't impact rated insurers: Fitch Ratings
This will bring 2024’s total global insured losses to over $100b.
MediShield Life to hike premiums, claim limits, and coverage by 2025
The government will provide $4.1b for these enhancements.
Malaysian general insurance association welcomes new CEO
He will succeed Julie Lean Gim Chong.
India’s LIC cuts first-year commission to 20%
This adjustment brings the total first-year commission down from 35% to 28%.
Taishin, Shin Kong approve merger
This creates Taiwan's fourth-largest financial firm
New CTF Life plan enhances inheritance, wealth control
It offers the option to adjust their policy components for improved projected returns.
Insurance third party administrators market to reach $501.93b by 2028
Major trends include blockchain integration and predictive analytics.
Australian insurers urged to adopt nature-positive practices
In December 2022, over 180 countries adopted the Global Biodiversity Framework.
India's non-life insurance sector dips 6.53% YoY in September
Year-to-date, the sector rose by 7.02%.
Quest Insurance to maintain strong capitalisation
However, future loss ratios are expected to rise.
Sumitomo Life strong despite investment pressures: Fitch Ratings
Its underwriting profitability recovered, with core profit margin at 12%.
Beneficial Insurance boasts 36.1% return on equity
Beneficial’s risk-adjusted capitalisation was strongest level as of 31 March.
Canara HSBC targets family security with new insurance plan
The plan comes in two variants.
Philippine state health insurer to offer emergency care package
PhilHealth's healthcare benefits now cover 60% of the most serious diseases.
Ardonagh merges PSC’s ANZ operations with Envest
This makes it one of the top privately owned insurance distribution companies in Australia.
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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.
