News

Income Insurance introduces new EV plan, ‘range anxiety’ coverage

The plan has optional coverage for private charging stations up to $3,880.90.

India eyes turnaround plan for public insurers

The upcoming Ind AS 117 is expected to recalibrate solvency ratios.

Filipino Muslims seek more Shari’ah-compliant options

Ethical values heavily influence decisions, with healthcare as top priority.

SEADRIF allocates $750k for Lao flood relief

The payout was initiated on 20 September, just five days after severe flooding.

Rising property values boost home insurance demand

The market is projected to reach over 7% CAGR.

Insurance, pensions see 6.2% rise amidst market gains

Asia’s household financial assets grew by 7.5%.

Cyber insurance demand rises in APAC's emerging markets

APAC cyber insurance market is growing at nearly 50% annually.

Why Vietnam’s insurers are pivoting to foreign reinsurers for large policies

Local firms reinsured $246m domestic reinsurance premiums, $902m were transferred to foreigners.

A quarter of Singaporeans yet to start planning for retirement

They also project an expenditure of less than $6,000 per month.  

Federal Court rules on IAG business interruption class action

The court expressed its intent to declass the representative proceeding.

APAC insurance stability bolstered by strong risk management

87% of the APAC rating units had stable outlooks at the end of 2023. 

Why Australians are at risk of scams due to informal retirement advice

Older Australians were more likely to seek advice from formal sources.

Lower-income households bear brunt of insurance hikes

Whilst inflation is declining, insurance prices have risen sharply.

Singlife, Intellect ink deal for mental wellbeing

The platform is available in 30 languages across 60 countries.

Allianz Commercial India appoints new head of cyber security

She has more than a decade's worth of experience.