insurance
EV rise in Australia drives risk considerations and insurance hurdles
About 130,000 electric vehicles are driving around Australian soil.
EV rise in Australia drives risk considerations and insurance hurdles
About 130,000 electric vehicles are driving around Australian soil.
Energas Insurance shows strong performance with 5-year combined ratio
The company's investment portfolio is considered conservative by AM Best.
Phl’s state social insurer expands mobile app to pensioners in S’pore and US
Nearly eight in 10 GSIS pensioners are based in Singapore and the US.
Vietnam health ministry proposes overhaul of insurance law
Amendments and provisions to Vietnam’s Law on Health Insurance are said to take effect on 1 January 2025.
Allianz General surpasses RM3b GWP target, group revenue surges
Both its life and general businesses saw robust earnings growth.
China Life Insurance to see 45% YoY profit slump – Nomura
China Life is the only insurer Nomura covers that has adopted the transition plan for the new accounting standards (IFRS) for insurance contracts.
FWD Group extends partnership with Microsoft to boost AI capabilities
The insurer will be using Microsoft's Azure OpenAI Service.
Global Atlantic secures $10b deal with Manulife US, Japan
This is the third partnership both entities have done.
HKIA’s annual report shows push for global centre status
The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.
Allianz APAC’s operating profit catapults in 2023
Both P&C and L&H saw robust growth in their 2023 performance.
Cross-agency steering group revamps website to boost sustainable efforts
The website also now features sustainability-related data, regulations, news, events, training, and internship opportunities.
Seven of 10 shoppers want protection for purchases but prefer low-cost
The survey also showed more trust in social media marketplaces versus the companies selling goods through these platforms.
New Zealand trade union urges income insurance amidst rising redundancies
The CTU President said New Zealand ranks among the countries with the lowest levels of redundancy protection globally.
Fitch affirms Tokio Marine & Nichido Fire Insurance's strength amid challenges
TMNF’s assessment considers TMHD's robust company profile, strong financial performance, and solid capital adequacy
Budget Direct Insurance celebrates seven years
CEO Birch spearheaded the formation of DirectAsia Insurance in collaboration with the Whittington Group.
Great Eastern’s weighted new sales dip, earnings soar in 2023
The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.
New reinsurance guidelines spotlight Indian insurers' capital management
The IRDAI is actively considering introducing collaterals within the Indian insurance industry.
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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.
