Insurance
Japanese life segment stands strong as firms maintain solid capital positions: AM Best
                                                                                 
                    
                    
  Several tailwind factors improved overall business conditions.
                
                                
            Japanese life segment stands strong as firms maintain solid capital positions: AM Best
                                                                                                                 
                            
                            
  Several tailwind factors improved overall business conditions.
                        
                                                
                        
    
                    Climate risk is burning billions and Asia remains vulnerable
                                                                                                 
                        
                        
  In 2021, the largest recorded natural disaster in the region cost over $2b.
                    
                                        
                    
                Everest Insurance gets regulator nod for Singapore entity
                                                                                                 
                        
                        
  This marks the global insurer's official entrance to the Asian market.
                    
                                        
                    
                India’s recently cancelled cricket match triggers $5.75m in insurance claims
                                                                                                 
                        
                        
  The cancellation of the recent match triggered several claims.
                    
                                        
                    
                Taiwan’s COVID-19 insurance policy complaints surges
                                                                                                 
                        
                        
  Complaints is now 25 times higher than last year.
                    
                                        
                    
                HK insurers’ response to sustainability challenges
                                                                                                 
                        
                        
  The effort to embrace and promote sustainability is not without challenges
                    
                                        
                    
                Allianz Malaysia names new chairman
                                                                                                 
                        
                        
  The new chairman was the former CEO of Allianz General Malaysia.
                    
                                        
                    
                Women in insurance: What’s blocking the way to diversity?
                                                                                                 
                        
                        
  Unconscious bias and ‘double shifting’ are just some of the known hurdles.
                    
                                        
                    
                $3.37b losses in Eastern Australia floods to challenge insurers
                                                                                                 
                        
                        
  The initial assessment of losses was $2.75b in April.
                    
                                        
                    
                Insurers can halve emissions by 2030: UN official
                                                                                                 
                        
                        
  The UN assistant secretary-general for climate action has three asks for the industry.
                    
                                        
                    
                WTW appoints new Thailand country head
                                                                                                 
                        
                        
  The current head will now be in charge of Vietnam.
                    
                                        
                    
                APAC life segment records highest growth rate in over five years in 2021
                                                                                                 
                        
                        
  Life insurance premiums in the region reached a record-breaking $1.3t.
                    
                                        
                    
                Going hybrid is key for traditional insurers to rival insurTechs
                                                                                                 
                        
                        
  Insurers stuck in traditional ways may find it hard to outclass these new disrupters.
                    
                                        
                    
                Hong Kong insurance regulator bans broker over hiding of payment mistake
                                                                                                 
                        
                        
  The broker then tried to shift the blame to his client.
                    
                                        
                    
                Open Insurance launches partnership with New Zealand telco
                                                                                                 
                        
                        
  The partnership aims to bundle power, mobile, and insurance in one.
                    
                                        
                    
                Information technology could bolster insurance industry growth: Indonesian regulator
                                                                                                 
                        
                        
  The industry has grown by 8.67% annually for the past five years.