insurance
AI insurance tech receives $2b investment in 2023
Insurers need to stay ahead amidst tech disruptions, says GlobalData head.
HKIA alerts on fraudulent payment invoices
The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate."
CareEdge forecasts 11% to 13% growth for India’s life insurers
Digital infrastructure is expected to enhance distribution channels.
Igloo partners with finance providers to tackle underinsurance in Vietnam
To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
Munich Re projects $2b net profit in Q1’24
It forecasts a net profit of €5b for the year, 9% higher than 2023.
Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
Korean insurers immune from overseas CRE decay: Fitch Ratings
Fitch believes robust capitalisation will enable insurers to absorb shocks from losses.
MS Amlin onboards Moody’s RMS
MS Amlin will utilise Moody’s cloud-native applications for underwriting, capital and pricing.
India's life insurers' new business grows 2% YoY FY’24
29.2 million policies were sold during the year.
AIA launches new health plans in Greater Bay Area
The three new plans offer compensation, home visits, and outpatient coverage.
Chubb witnesses 13.3% net income surge in Q1’24
The group saw strong results in its commercial and consumer P&C and Asia life businesses.
Veteran DBS banker joins Kairos
Stephen Lee has more than 30 years of experience in the industry.
Manulife’s Genesis offers long-term wealth transfer
The plan promises up to 4.29% TIRR in 10 years.
QBE Asia taps new business development lead
Jordan Steward carries about eight years of experience in the industry.
Ping An’s profit dips in Q1’24
Earnings per share were down 4.6% for the quarter.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
