Most plan to boost their risk exposure using tech over the next two years. Hong Kong’s planned revisions to non-life capital rules could give insurers more flexibility to expand beyond…
Read article →It is pushing insurance in a nation where death and money are taboo topics. Sun Life of Canada (Philippines), Inc. plans to expand its sales force, deepen bancassurance partnerships, and…
Read article →The pact links emergency response systems with financial protection mechanisms. The Southeast Asia Disaster Risk Insurance Facility (SEADRIF) Insurance Company and the ASEAN Coordinating Centre for Humanitarian Assistance on disaster…
Read article →Growth reflects a stronger contribution from advisers in weighted new business premiums. FWD Singapore is celebrating its 10th year and will prioritise three growth areas for 2026*. These growth areas…
Read article →Its life and health arm posted RMB103.27b in value from newly written business. Ping An Insurance (Group) Company of China, Ltd. saw its fiscal year 2025 (FY 2025) net profit…
Read article →The waterway carries about 20% of global crude supply and a large share of LNG shipments. The closure of the Strait of Hormuz is putting pressure on global reinsurance markets,…
Read article →Allocations may include investments in private equity and credit. The Monetary Authority of Singapore (MAS) is monitoring insurers’ growing allocation to private assets following recent market disruptions that highlighted vulnerabilities,…
Read article →Its in-house assistant Tori is already being used by about 85% of 1,500 agents. Vietnam-based Techcom Life Insurance Company Limited is building an artificial intelligence (AI)-first operating model to move…
Read article →Average policyholders already pay about $164.2 monthly for coverage. About one in five Australians regret not taking out private health insurance earlier, according to new research by Finder. A survey…
Read article →The agency also sees equity exposure from domestic stock holdings declining. Sompo Japan Insurance Inc. (SJ) (Japan) and its subsidiaries’ outlook is stable but will also likely see a further…
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