News
Allianz Partners unveils online chat for travel insurance clients
Through its partner travel insurance, HCF, Allianz will be able to address client concerns 24/7.
Allianz Partners unveils online chat for travel insurance clients
Through its partner travel insurance, HCF, Allianz will be able to address client concerns 24/7.
Insurers struggle to balance customer acquisition and retention: study
Customer retention is crucial in markets where new buyer growth has stagnated.
Guy Carp appoints new managing director for credit, bond and political risk division
Chu has been in the reinsurance market throughout his 30-year career.
CGF’s underwriting performance to remain subdued: Fitch Ratings
The company incurred an underwriting loss of $358.4k (LKR107m) in 2023
Private market investments surge amongst 73% of insurers
Optimising fixed income portfolios amongst prime investment opportunities for insurers in the next 12 months.
HKIA, ICAC target suspected unlicensed insurance sales to mainland China
The first joint operation led to the arrest of a broker and a referrer.
Momentum Life logs gains with expansion, strategy: AM Best
The company’s capital remains enough to support other operations despite a planned expansion.
Over 1.3 billion have basic medical insurance in China
This accounts for over 95% of the nation’s total population.
China's medical insurance fund reports $470b revenue surge in 2023
Payment reforms are urged for a stable healthcare fund.
AM Best projects “modest profitability” for Tugu Insurance
The company’s financial performance was mixed in 2023.
Allianz Partners and Foodbank to host food events in Australia
The initiative aims to alleviate the financial pressures faced by international students.
HKIA launches anti-scam charter with financial regulators
The initiative involves 230 participating institutions.
‘Super election year’ heightens political violence risks – Allianz Commercial
Financial impact of past civil unrest incidents reached around $13b.
IG's reinsurance to buffer Baltimore bridge loss
The Singapore-based vessel, Dali, is insured by Grace Ocean.
Taiwan's non-life insurers unlikely to see big quake claims – AM Best
Some insurers could benefit from robust parental financial support, as mandated by regulations.
Sompo Singapore to bolster regional strategy – S&P Global
The company is unlikely to be divested by the group, says S&P Global.
GAIP details transformation in risk management towards net-zero
Asia experienced 81 climate-change related hazard events in 2022 alone.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
