insurance

Swiss Re Institute report predicts AI impact on health industry

Insurers are advised to take advantage of this to expand cyber risk offerings.

Swiss Re Institute report predicts AI impact on health industry

Insurers are advised to take advantage of this to expand cyber risk offerings.

6 in 10 APAC firms fear political risk this year

However, this consensus was smaller than the previous year’s 67%.

Canopius names new group chairman

Watson will step down whilst Haste will start his role in July.

SG-based Income Insurance eyes APAC expansion: Report

Discussions are still in the early stages and may not result in a transaction.

IAG battles against cyber threats with new underwriting agency

43% of cyber-attacks target small businesses in the country.

Manulife, Mind HK launch anti-stigma campaign

The two-year partnership will begin with four programmes to launch in 2024.

China life insurers buoyed by stable interest rates – Jefferies

The surge is due to PBOC supporting long-term yields and positive equity market sentiment.

SG’s finance and insurance industry expands 6.5% in Q1’24

Insurance was one of the economy’s growth drivers in the quarter,

Allianz APAC posts 13% revenue rise in Q1'24

The region also saw significant growth in volume in its P&C business.

Hong Kong imposes 14-year license ban on ex-Prudential agent

The agent scammed policyholders to transfer RMB2.35m into his bank account.

FWD boosts AI capabilities via AWS cloud

As of 2023, FWD's cloud migration reaches 97% completion.

Thailand could see $27b in total premiums this year – Baker McKenzie

The Land of Smiles braces for high electric vehicle adoption.

Allianz Commercial pegs SEA as global hotspot for maritime losses in 2023

This region saw over 184 total losses in the past decade.

ICA amplifies fight against insurance scams with new function

In 2023, it saw AU$560m cases of opportunistic insurance fraud.

Sompo forecasts $1.47b net income for FY’25 

Its FY’24 net income significantly grew compared to the previous year.

Japan pays $610b claims from severe rain last year

This included heavy rainfall “Baiu” and Typhoon Mawar.

Forrester unveils guide to combat 78% breach rate amongst firms

Recently, the cyber insurance market has seen rising premiums.