Insurance
MAS imposes prohibition order against ex-Prudential rep for false invoices
Mengting submitted 11 false invoices to Prudential to aid her clients' accident injury claims.
MAS imposes prohibition order against ex-Prudential rep for false invoices
Mengting submitted 11 false invoices to Prudential to aid her clients' accident injury claims.
Hong Kong Life unveils auto-fill function for online applications
Information on new customers applying for insurance is automated.
Ping An reveals impact of transition to IFRS 17
Ping An will continue to disclose several important financial metrics regarding the impact.
Tokio Marine Kiln determines new APAC cyber underwriter
Sam Bye will assume his position as cyber underwriter at TMK starting on 1 August.
Manulife HK to distribute QBE’s new fire insurance
This new venture streamlines the process homeowners go through.
Philippines' health maintenance org industry posts losses in Q1
The industry registered a P319m net loss.
New guidelines set out for Chinese cybersecurity insurance
Insurance companies will be incentivized to offer diverse cybersecurity insurance services.
Major floods drive Australia's iinsured losses to $7.17b in 2022
The council will review insurers’ flood response during the period.
Gallagher names new SVP for multinational APAC practice group
Victoria Ma has joined Gallagher and was previously with Coface.
China Life Insurance, bankers in the talks of $2b bond
It plans to issue a 10-year tier-2 bond.
WTW introduces insurance solution to protect Sri Lankan aqua farm
This is Asia’s first 4-peril parametric insurance.
Indian authorities urge insurers to mobilise resources due to floods
Recent floods are expected to drive property loss and infrastructure costs.
Allianz Trade selects new Asia head of surety and guarantees
Chris Markesteijn is the new Regional Head of Surety and Guarantees beginning 1 August.
Tokio Marine & Nichido Fire Insurance face natural catastrophe risks: Moody’s
The insurer is expected to maintain its strong capitalisation and market position.
PH’s COVID-19 claims plummet in H2 2022
Insurance claims related to COVID-19 amounted to P1.53b ($-).
Omnichannel models outperform lead-to-sales conversion rates fourfold
Only 1 in 8 want a fully digital journey, but 7 in 10 want part of their insurance journey to be digital.
MSIG Hong Kong claims settlement ratio up for third-straight year
Claims settlement ratio rose to 92.9% in 2022.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
