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Insurers need to reevaluate policies for EVs: Korean Re
Insured electronic vehicles accounted for 0.9% of total insured motor insurance policies in 2022.
Insurers need to reevaluate policies for EVs: Korean Re
Insured electronic vehicles accounted for 0.9% of total insured motor insurance policies in 2022.
Australian group insurance can cut costs by 50%: study
As super fund members aged, their annual premiums for group insurance decreased.
Marsh’s APAC business registers 8% underlying revenue growth in H1
On a year-on-year basis, it saw a 6% climb to $357m.
Chubb Head of Property Asia role lands on Adrian Habils
He will be responsible for Chubb’s property portfolio in Asia.
Lexasure engages in partnership for auto insurance
The partnership aims to service Singapore and Cambodia’s markets.
Less than half of global losses due to calamities insured
There were indications of a shift toward an El Niño-like pattern in Asia.
Australia unveils new standards for banks, insurers’ operational risk management
The new standard will take effect on 1 July 2025.
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.
Korea eases rules on overseas ownership; insurers can acquire banks
Insurers can invest in foreign financial and non-financial companies within regulatory boundaries.
Gallagher names new SVP for multinational APAC practice group
Victoria Ma has joined Gallagher and was previously with Coface.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
