Insurance
HK insurance firms willing to invest in tech attract candidates in the sector
Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.
HK insurance firms willing to invest in tech attract candidates in the sector
Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.
Singlife ramps up interest rates of flagship digital savings plan
Half of Singaporeans find it hard to meet conditions for maximum interest rates on savings accounts.
United Overseas Insurance profits surge 55% YoY FY’23
Earnings per share during the year was 47.85 Singaporean cents.
HKIA warns of risks in premiums financing, “double-edged sword”
The authority urges insurers to seek professional advice before premium financing.
NorthStandard sees rise in premium earnings since merger
Its gross tonnage (GT) rose to 256 million as of 20 February.
Transamerica Life Bermuda unveils improved HNW plan
It also offers a variety of index account options, including a focus index account tracking major indices' performance,
IAG's GWP surges 12.5% 1H’24
Profits from its insurance business accumulated $403.3m (AU$614m).
NDIS participants see improved employment opportunities
The National Disability Insurance Scheme (NDIS) participants feel they have more control over their choices in over three quarters.
India’s residents feel more financially secure in 2024
Insurance ownership increased to 31% from 30%.
QBE reports strong premium growth, up 10% YoY
The group’s performance was partially offset by short-tail prior-year development.
Fubon Life first-year premiums surge 80.6% YoY in January
Direct written premium hit a record high of NT$7b, driven by commercial lines’ double-digit growth.
S’pore Reinsurers’ Association becomes founding member of global advisory council
The council aims to increase efficiencies and digital readiness among stakeholders.
NDIS establishes task force for improved registration system
Risk-proportionate regulatory model and a new provider risk framework are initiatives in mind.
S. Korea’s FSC proposes corporate governance revision for financial firms
The revisions include the adoption of responsibilities maps and management of internal control duties by executive officers.
India’s non-life sector driven by health, motor in January
Geopolitical tensions and elevated inflation could affect the sector in the medium term.
Motor insurance segment in S. Korea to exceed $19b by 2028: GlobalData
Healthy loss ratio driven by lower claims will assist insurers in re-assessing their risk exposure.
KoverNow to incentivise policies, 15 Max Miles for every SGD spent
The insurtech partnered with Max Miles to reward purchases of travel and items coverage.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
