News

Indonesia’s non-life insurance outlook grim: AM Best

Growth is still expected due to Indonesia's economic expansion.

Indonesia’s non-life insurance outlook grim: AM Best

Growth is still expected due to Indonesia's economic expansion.

AXA XL boosts Singapore team

Her role as an underwriter will oversee the management of risks in political violence and terrorism.

Manulife IM re-recruits real estate exec

He will lead its third-party capital management activities in the region.

Manulife sees 60% growth in high net worth segment

Confident in their products and innovation, Manulife’s chief product officer treats competition as good for customers.

Most insurance companies use 18-year-old legacy systems, not enough to drive innovation: ZA Tech

Legacy systems often come with limitations that can hinder the development of new products and insurance channels.

Etiqa Philippines says rising costs may entail adjustments in premium pricing and risk management strategies

Although various influences linger, the country’s penetration rate must be put in focus.

Tariffs can limit insurers' ability to adjust prices, reinsurance rates ‘muted’: Gallagher Re

Inflationary pressures vary across the region, leaving most markets to face escalating reinsurance costs and stricter coverage term.

More out-of-hospital-care by private entities could boost Australians' savings – AMA

Potential savings could lead to reduced premiums, increased uptake of insurance, and ultimately cost savings.

APAC’s liability insurance sector to exceed $61b by 2027: GlobalData

Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.

Fintech funding in SEA freefalls 74% in Q3

Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.

Sun Life Philippines pushes for a purpose-driven agency force in the digital era

The insurer shared the sheer importance of having the right balance between customer and clientele.

MAS partners with financial industry to present basic planning guide

This guide hopes to foster Singaporean’s financial wellbeing in terms of savings, insurance, and investments.

bolttech Insurance, Trip.com tie up for travel insurance

Plans for home and pet insurance products are in the talks.

Malaysia provides update for DITO framework, to encourage broader participation

This framework is designed to facilitate the entry of Digital Insurers and Takaful Operators (DITO) in the country.

HKFI proposes tax incentives for retirement and savings products

The HKFI expressed their proposals for the insurance sector to boost Hong Kong’s status as a global insurance centre.

It costs 47% more for Australians to pay their car insurance premiums versus five years ago

34% experiencing increases ranging from AU$120 to AU$600 annually, the survey revealed.

Singlife selects consulting firm for asset allocation

The homegrown insurer is looking to sophisticate its asset allocation strategies with Ortec Finance.