The plan include insurance-linked securities and specialty cover for precious metals. Hong Kong’s Insurance Authority (IA) will introduce measures to strengthen risk management following the announcement of the city’s first…
Read article →Canopius contributions are expected to increase after ownership rose from 19% in 2025. Samsung Fire & Marine Insurance is expected to maintain strong capitalisation and profitability as it expands its…
Read article →More than 57% spend at least 49 hours weekly on platform work, and 23.4% exceed 70 hours. About three in five gig workers in India said they do not have…
Read article →The insurer must reduce its 22% ICICI Prudential Life holding to 10%. Prudential Plc could sustain annual share buybacks of between $1b and $2b as it sells down stakes in…
Read article →The insurer is aiming for underlying returns on equity of 15% to 17% over the plan period. AXA has unveiled its financial and strategic targets for the 2027 to 2029…
Read article →The insurer can now support major projects from development through ongoing operations. MS Amlin is expanding its Natural Resources business into onshore construction for power, mining and oil and gas…
Read article →Index-based products currently account for about 35% of the worldwide sector. Asia-Pacific is projected to record the fastest-growing parametric insurance market with 14.8% compound annual growth rate (CAGR) through 2035.…
Read article →The insurer will cover retail and commercial products on one modular platform. Newly licensed Indian general insurer Protec General Insurance has selected insureMO to build an AI-native insurance core as…
Read article →AI could help insurers identify protection gaps across Asia, but automated recommendations increase the need for stronger conduct controls. Insurers are looking to artificial intelligence to reshape how customers select…
Read article →Accident frequency and rising repair bills continue to undermine underwriting performance. Rating agency AM Best has maintained a stable outlook for Malaysia’s non-life insurance sector, citing steady economic expansion, regulatory…
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