News
Tokio Marine reports potential data leak of 63,200 policyholders
It affected three other companies.
Police Health Plan maintains a robust balance sheet
It benefits from a high penetration rate within the police force.
China absorbs $13b loss in natural disasters in H1 2024
The government has allocated $570m for disaster management this year.
AIA teams with BlackRock, BNY for scalable investment ecosystem
It will use BlackRock’s Aladdin technology with BNY’s data management.
Health insurance essential, but too much can rack up prices: MOH
With rising claims, insurers are barely profiting from health insurance.
Great Eastern halts trading of its shares in SGX
This follows OCBC's increased shareholding in the insurer.
1 in 5 Australians switch home insurance to save costs
Alarmingly, 3% downgraded or dropped their policy completely.
AIA S’pore taps new tech lead
Afees Ashroff has more than two decades of experience in banking and insurance.
FWD Group maintains MDRT top 10 streak
FWD Group now has 2,089 MDRT members.
Ant Insurance’s partners see $1.93b in claims
On a year-on-year basis, this was up 30%.
Insurance agent barred for misappropriating funds
He allowed premiums totalling $4,623 to be deposited into his bank.
Steadfast Group bags 17th spot in AM Best’s list
The broker was first of three newcomers in the ranking.
Sompo appoints new consumer lines leader for APAC
He has an 18-year experience in the industry.
IndiaFirst Life appoints new leaders for expansion
Both are president & chief distribution officer for two different divisions.
Chubb reels in new APAC lead, other leadership
He will be relocating from Miami to Singapore.
Zhonglu Insurance holds strong solvency, faces growth risks
Whilst net earnings improved to $1.7m, sustainability is uncertain amidst non-motor expansion.
High costs, limited insurance coverage impede medical freedom in HK
Residents need $6.7m to achieve medical freedom.
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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.
