News
Claims management key to insurance profitability – KPMG
Traditional claims functions must now evolve to incorporate advanced technologies.
Claims management key to insurance profitability – KPMG
Traditional claims functions must now evolve to incorporate advanced technologies.
Australia’s disability insurance programme to receive more gov’t support
The government is investing an additional AU$227.6m.
MS Reinsurance boosts board of directors with new appointments
Fukuda and Ellenbürger’s roles are effective 24 April.
India’s private insurers outperform with tech edge
The market share of the top 10 insurers fell to 71.2% last year.
Thailand focuses on industry transparency standards
In the past year, the association was able to achieve four missions.
Australia ‘needs’ more investments to underwrite future
The Actuaries Institute also advocates for equitable super changes.
Thousands of Chinese graduates to receive social insurance
These positions will have a two-year service period.
Vietnam reviews draft laws on social insurance, trade unions
The deputy chairman demanded explanations for unaddressed issues.
What lies ahead for airline insurance market in Q2 2024?
It is grappling with uncertainties surrounding leased aircraft claims originating from Russia.
Philippines receives over 13,000 claims from local planholders
More than 5,000 claims were personally filed by planholders.
Capital strain looms for Guoren P&C amidst delayed shareholder injections
It could impact the company's ability to withstand fluctuations in its equity base amidst a volatile capital market.
Korean insurers face tax challenges amidst IFRS 17 adoption: Report
The sudden increase in reserves has triggered calls for regulatory adjustments.
Allianz Q1’24 profit sees 6.8% YoY jump
The growth was driven by its P&C segment.
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
Helia Insurance’s CAR will remain afloat for the next 2 years
Its monoline business and reliance on a single customer pose concentration risks
Everest Insurance establishes presence in APAC
It opened its first office in Australia.
Improvement in underwriting bolsters Taiwan Life's outlook
Earnings may remain volatile due to the high proportion of interest-sensitive products.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
