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Asia's protection gap leaves $59b uncovered – Aon
Losses from natural disasters left the region 48% lower than the 21st century average.
Asia's protection gap leaves $59b uncovered – Aon
Losses from natural disasters left the region 48% lower than the 21st century average.
Generative AI to boost the insurance sector by $50b
Investing in generative AI could boost revenues by 20% and minimise costs by 15%.
Lloyd’s sees 11.6% gross written premiums surge in 2023
Its overall profit before tax stood at $13.5b.
MSIG beefs up overseas students' coverage
It plans to extend the protection to the insured student’s spouse and up to five children under the policy.
S&P predicts modest capital upkeep for PICC Group amidst market changes
The insurance group benefits from risk diversification, supporting its capital adequacy.
Prudential's Asian life business beats expectations with $3.1b NBP
Jefferies expects Prudential to exceed medium-term growth targets.
Qoala secures $47m in Series C funding
Total capital raised to date surpasses $130m.
Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re
Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth
HDI Global SE’s insurance revenue soars 10% YoY in FY'23
Its Singapore business expanded its product offering through political and credit risk market entry.
Allianz General and ProppyApp ink MoU to expand insurance access
Users will gain access to a range of insurance products via their mobile application.
Moody's projects stability for Guoyuan Agricultural Insurance
Despite exposure to high catastrophe risks, the insurer’s stable outlook is backed by its robust market presence and risk-based capitalisation.
Chinese insurers under strain as investment returns face double whammy
Fitch notes that insurers have not significantly increased their exposure to riskier assets since regulatory measures in 2022.
Allianz Trade names new regional head of e-commerce in APAC
James Lie first joined Allianz Trade as country manager for Indonesia in 2018.
MSIG Asia’s CEO shares approach to risk management evolution
CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.
4 out of 5 HK employees weigh health support in job decisions
Flexible work arrangements topped the list of preferred initiatives to foster health and wellbeing.
Tokio Marine launches novel earthquake cat bond with SDB
This is the first time proceeds will be used to boost SDG goals through an SDB.
DB Insurance to keep competitive spot in Korea’s market – S&P Global
DBI's assessment could be dragged if its consolidated capital position deteriorates significantly.
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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.
