insurance
Philippine agri secretary calls for modernisation of crop insurance
It hopes to adopt advanced models used in countries like Japan and Vietnam.
Philippine agri secretary calls for modernisation of crop insurance
It hopes to adopt advanced models used in countries like Japan and Vietnam.
PIAM backs new motor vehicle smash repair standards
The standard was approved by the Minister of Investment, Trade and Industry Malaysia.
S. Korea’s virtual asset user protection act set to launch
The law aims to establish a secure framework.
Flood risks, infrastructure concerns increase globally
Japan and Taiwan’s notable earthquakes prompted better seismic risk assessments.
Australia's insurance market bolstered by strong regulation
Fitch finds Australia’s insurance market technically sophisticated.
Hong Kong’s cyber incidents call for robust protection
Last year alone 7,752 security incidents were recorded.
Insurance sector sees 25% decline in cyber attacks in Q2 2024
Across all industries, the region experienced a 23% rise in attacks.
Minimum benefit standards are the new normal: Aon
Life insurance is now a minimum benefit that businesses offer.
New Zealand’s insurers maintain strong solvency under strict regulations
Demand for non-life insurance is driven by exposure to natural hazards.
APRIL Int’l collaborates with Indonesian insurtech broker
Clients in Indonesia can choose from two coverage options.
FundPark, HKECIC bare pioneering effort for insured growth for Hong Kong SMEs
Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.
Allianz plans to acquire majority stake in Income Insurance for $1.64b
This is also equivalent to a 51% majority stake in the SG-based insurer.
Australia’s mortgage insurance sector developed, transparent: Fitch Ratings
Sector faces growing challenges due to the gov’t’s first-home buyer deposit scheme.
Chubb appoints Howell as head of general insurance for Australia, NZ
He will report to Marcos Gunn, regional president of APAC.
Airline insurers enjoy favourable Q2, thanks to capacity
Notable incidents in Q2 2024 were Korean Air and Singapore Airlines.
Ping An’s convertible bond aims for 5% return on proceeds
Proceeds will be used to support initiatives in healthcare and eldercare.
Income Insurance continues talks with Allianz
It announced its interest in a transaction last 14 June.
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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.
