insurance

Families receive aid after school bus tragedy in Thailand

OIC confirmed the bus had compulsory motor insurance from Viriyah Insurance.

Families receive aid after school bus tragedy in Thailand

OIC confirmed the bus had compulsory motor insurance from Viriyah Insurance.

Prudential, Bank Syariah partner for bancassurance offering

Starting in early 2025, Prudential will provide products to BSI customers.

Sun Life debuts peso tech funds

The funds come in two variants.

UniMed’s capitalisation hits strongest level in 2023

Thanks to low underwriting leverage and moderate investment risk. 

Cheche and Tokio Marine boost China insurance ties

Tokio Marine & Nichido Fire Insurance was the first Japanese insurer to enter China.

Prudential targets 9% to 13% growth in H2 2024

However, analysts raised concerns about the impact of non-controlling interests.

Manulife integrates GenAI in contact centres, rollout starts in Singapore

About 68% of agents used the tool within two weeks of its pilot launch.

China Life Insurance stays robust amidst national credit concerns

NBV increased by 18.6% year-on-year in the first half of 2024.

IFRS 17 pushes Korean insurers towards lower-risk products

S&P notes that insurers have been preparing by investing in long-dated bonds.

Chinese insurers shift to floating-return products amidst risks

Its P&C sector is under strain due to market volatility.

Fitch expects rising profitability for Urtrust in near term

Urtrust maintains a solid capital buffer to support its rapid premium growth.

Why are APAC retirees struggling with unexpected costs?

Over a fifth of respondents had not anticipated their retirement expenses.

Fathom unveils catastrophe model for flood risk

Flooding is responsible for $14b insured losses in 2023.

Sompo’s risk-adjusted capitalisation reaches peak levels

Despite exposure to equity risk, Sompo has sufficient capital to absorb loss.

Hong Kong’s insurance premiums return to pre-pandemic levels: Jefferies

HSBC and Hang Seng have shown unexpected growth in 2024.

Public insurers lag behind private in Indian market

Health and motor insurance were key growth drivers for private insurers.

Cyber scams prompt behaviour change in 61% of users

Chubb says insurance can play a key role in digital payments.