News

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.

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.

SIAS calls for governance clarity from Great Eastern Holdings

SIAS urges the insurer’s board to consider and address shareholders' requests proactively.

Kairos names Jeffrey Khoo as CEO

Albert Lim was recently appointed as Kairos' Managing Director for Southeast Asia

Retailers warned of insurance roadblocks amidst increasing business risks

Despite impending risks, retailers are optimistic about new technologies and solutions.

ICA backs standardised definitions for natural hazards in insurance policies

Standardised definitions entail all insurers use the same definition for a specific event in their policies.

Crawford announces new Hong Kong manager

He currently manages the Taiwan unit of Crawford & Co.

Beazley's 2023 profit more than doubles to $1.25b 2023

Earnings per share finished at 154.7 US cents.

Interest in GBA retirement high, yet insurance needs underscored

An AIA Hong Kong survey showed nearly 40% of the respondents want to retire in GBA cities.

Generali, UNDP collaborate to boost SME strength against climate and other risks

The partnership is aimed to reduce the protection gap for vulnerable communities by providing access to insurance solutions.

NTUC Income is insurance brand most positively viewed by Singapore women

It beat out FWD and Great Eastern to clinch the top spot.

Australian regulator calls for better claims handling

ASIC expects the industry to improve its response to recent events and prioritise the resolution of outstanding claims related to 2022 floods.

Smartpay and Chubb team up to offer embedded insurance in Japan

The insurance market is expected to reach JPY80t by 2027.