Insurance
China clamps down on medical insurance fraud
Fraudsters may face a suspension of reimbursement for up to a year.
China clamps down on medical insurance fraud
Fraudsters may face a suspension of reimbursement for up to a year.
Indian insurers' lagging underwriting could hit long-term profits: report
Adequate earnings have not accompanied market growth.
Insurance and the Growing Demand for Hyper Personalisation
Kenneth Koh is the Global Principal and Director of Insurance, Financial Services Practice, SAS Institute.
Indian insurers can now invest in REITs, infrastructure trusts
This will boost the overall portfolio yield held by these firms.
Sun Life is 2020's top Philippine life insurer
It netted a $175m net income and $811m premium income.
Ping An boosts green activities in support of China's carbon goal
It proposes performance targets for green finance and measures for green growth.
AXA Hong Kong and Macau joins Green Monday ESG Coalition
It is the first insurer to join the coalition.
New specialty businesses to sustain Japan P&C insurers' capital
Growth of specialty products will support underwriting.
China's Leapstack seeks partnership with South Korean insurers
Leapstack will provide big data AI solutions to Korean commercial insurers.
India's LIC nets $24.4b in FY2021 new premiums
Its individual life business posted a first-year premium income of $7.5m.
Thai life premiums to hit $22.8b in 2025
Whole life plans drive the sector, accounting for 72% of premiums in 2020.
HSBC Life names new global head of customer proposition
HSBC Life has appointed Ying Teoh as global head of customer proposition effective 12 April.
Munich Re Syndicate launches Labuan retakaful window
Labuan FSA has approved the window facility to write sharia-compliant risks.
Retained earnings, foundation funds buoy Nippon Life's capital
But its capital position is vulnerable to a slump in the Japan stock market.
Philippine senator seeks to include HMOs in insurance code
He also wants the Insurance Commission to be placed under the central bank.
Fraught capital markets put Chinese life insurers on edge
Credit exposure has become more vulnerable to rising defaults.
Philippine non-life insurers must apply new catastrophe rates by April 2022
The cession of facility rates will be based on a maximum limit per risk.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
