News

South Korea joins multilateral agreement for strengthened financial regulation

The committee consists of capital market supervisors and regulators from 22 countries in the region.

South Korea joins multilateral agreement for strengthened financial regulation

The committee consists of capital market supervisors and regulators from 22 countries in the region.

About 63% of Malaysian women lack self-perceived insurance understanding: report

Only 23% expressed confidence in their understanding of insurance and takaful products.

FWD Group becomes majority stakeholder in Malaysian arm

JAB Capital Berhad is no longer a shareholder after the transaction.

APAC foreseen as top growth region in self-driving car insurance market

The market is projected to reach $88.1b by 2032 globally.

AXA HK opens women-centred health facility

In partnership with Chiron Medical Group, the centre offers a wide range of services for women’s health.

Condiments giant launches first-ever ketchup insurance policy

Research showed that 48% of its customers experienced ketchup-related mishaps.

Bancassurance market to surge 8.4% in CAGR by 2028

Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.

Sun Life names new chief client experience and marketing officer for Asia

Mahima Tankha Marwah has over two decades of experience in the finance industry.

Hong Kong’s insurance premiums dip in 2023

Its long-term business witnessed a contraction, whilst its general segment registered growth.

Prudential expected to maintain strong market position, low financial leverage

Prudential's capital and earnings are deemed very strong, S&P Global Ratings said.

India's health insurance market to surpass US

The sector has the potential to grow 18% to 20% in the next two decades.

Working Indian women lead in life insurance ownership

The financial security of urban Indian women have gone up to 62% in 2024 from 57% in 2019.

Claims soar to 19,932 after Victoria thunderstorm – ICA

About 85% of the claims are related to home and contents damage.

Regulatory change boosts capital options for Taiwanese insurers

The move can potentially reduce the cost of capital and broaden their investor base.

New equity requirements to foster competition in Indonesia's takaful sector

Fitch Ratings forecasts a growth rate of 5% to 10% for 2024.

Commercial property insurance to see 10.4% CAGR by 2028

Persistent economic climate significantly influences insurers' underwriting practices and pricing strategies.