Insurance
Mack Eng takes over as new MSIG Singapore head
He will succeed Craig Ellis as CEO and director.
Non-life insurance premiums to surge to $7t by 2022: Swiss Re
General insurance premiums to rise to 10% above pre-COVID-19 levels in 2021.
Indian insurers urged to widen scope of cyber insurance
The IRDAI said that standardisation of policy wording is not desirable at this juncture.
Private players drives India’s life insurance growth in August
This comes from a low base in July.
ICNZ reports over $86m in insured losses after July storm
The extreme weather saw over 5,000 in claims.
Global cargo insurance premiums reached $17.2b in 2020
Outlook for 2021 however looks bleak.
How digital insurer Blue is revolutionising Hong Kong’s stagnant insurance industry
For CEO Charles Hung, one way to break free of the misconceptions about insurance is through gamification.
ICA calls for national approach for disaster response
Australia’s insurance group wants a COVID-safe way to move personnel across the border.
Henan flood insured losses approach $2b
Only 67% of insurance claims have been settled.
Price increase to stabilise reinsurance sector through 2022: Moody’s
Uncertainty brought by COVID-19 had started to diminish.
Swiss Re Corporate Solutions appoints new Malaysian chief
Jack See will take over from Juerg Stoll, as the latter retires in January next year.
6 of 10 Singaporean retirees regret not having a retirement plan
Those who have no retirement plan were barely meeting their basic monthly expenses.
Prudential Laos named Domestic Life Insurer of The Year by The Insurance Asia Awards 2021
Prudential Life Assurance Lao Company Limited (“Prudential Laos”) is pleased to be named “Domestic Life Insurer of the Year” by The Insurance Asia...
Digital transformation to improve Korean insurance
Analysts, however, warn that this may increase competitive pressure.
HDFC Life snaps up Exide Life for $915m
HDFC Life is India’s biggest private sector insurer.
Thai insurtech Sunday bags $45m in Series B
Investors in the round include Tencent, SCB 10X, Vertex Growth.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
