insurance

New HSBC plan multiplies coverage up to six times

The plan also offers enhanced critical illness coverage.

New HSBC plan multiplies coverage up to six times

The plan also offers enhanced critical illness coverage.

Indonesia's insurers battle rising non-performing loans

Its first quarter performance showed promise.

Insurance cover rises, yet a quarter of Australians still unprepared

More than one-third of respondents had a storm action plan in place.

Will low premiums persist in offshore energy insurance?

Neither frequency nor severity of claims significantly impacted market capacity.

Taiwan insurers post $9.47b pre-tax profit in August

Its non-life insurance segment witnessed a twofold increase.

Insurance scrutiny intensifies on coal, wildfire risks

However, power Industry business interruption sectors see improved pricing.

New Beazley Quantum targets corporations with over $1b turnover 

This initiative injects $100m in fresh capacity into the cyber insurance market.

What opportunities does APAC's millionaires offer insurers?

China is home to 6 million millionaires, second only to the US.

Singlife, SAL launch mental health scheme for lawyers 

The programme will be offered to more than 13,000 legal professionals.

Malaysia warns of downside risks for insurers from market volatility

Overall profitability of ITO funds increased in the first half of 2024.

Gen Zs, Millennials drive 85% of total insurance sales

Gen Z and Millennial advisors conduct most of their business online.

China to build science and tech insurance framework 

NFRA plans to introduce incentives such as rewards, subsidies, and tax benefits.

Meiji Yasuda Life’s core profit up 27% from strong sales

The weaker yen against the US dollar also boosted profits.

Generali, UNDP tackle $1.8t protection gap

Parametric policies provide pre-agreed payouts based on verified triggers.

IAG slashes jobs after reporting high profits

IAG said the job cuts are part of a restructuring plan that began in March.

Japanese insurer targets ¥45b in green premiums

Tokio Marine Group is also working with its corporate clients and investors.