Life and Health

philippine-hmo-industry-sees-return-to-profitability-in-2024

Philippine HMO industry sees return to profitability in 1H 2024

August 20 2024

Insurance Commission reports higher revenues for health maintenance organisations in 1H 2024 despite a surge in benefit payouts.

AIA Singapore to simplify policy wording to help policyholders' better understand coverage

August 19 2024

The move follows a study conducted by AIA which shows many insureds are unclear about their policy details.

Suncorp reports 13.9% rise in GWP for FY2024, forecasts further rate hikes

August 19 2024

Insurer sees net profit of AU$1.2bn, but future financial dynamics set to evolve post-divestment of banking and NZ life insurance operations.

zurich-recruits-nixon-ooi-from-chubb-as-head-of-accident-amp-health-singapore

Zurich recruits Nixon Ooi from Chubb as Head of Accident & Health, Singapore

August 19 2024

Ooi joins after five years with Chubb, where he was serving most recently as Head of Accident & Health.

oliver-wyman-appoints-paul-ricard-as-apac-head-of-insurance-and-asset-management

Oliver Wyman promotes Paul Ricard to APAC Head Of Insurance And Asset Management

August 19 2024

Ricard moves from New York to Sydney for the new role.

Chinese digital insurance broker Leading Group to go public via SPAC merger

August 16 2024

The merger with Healthcare AI Acquisition Corp on the Nasdaq will value Leading Group at approximately US$430m.

igloo-looking-to-parametric-and-personal-cyber-to-fuel-southeast-asia-insurance-growth

Igloo looks to innovative solutions like parametric and personal cyber to fuel Southeast Asia insurance growth

August 16 2024

The insurtech is betting on technology to upend markets in the region.

Prudential partners with Google Cloud to launch AI Lab

August 15 2024

The collaboration will accelerate integration of AI in an effort to improve customer and employee experience, the insurer said.

LIC India to take legal action vs ACESO’s insurance policy trading

August 15 2024

LIC India believes ACESO’s offering “poses a significant risk” to policyholders, exposing them to losses.

Surging medical inflation ramps up Malaysian insurers’ health claims

August 15 2024

The impact of rising medical procedure costs in Malaysia was worsened by a decline in the value of the ringgit last year.

China’s NFRA sets new solvency rules for online P&C insurers

August 15 2024

New guidelines will make it easier for some insurers to expand their presence, but industry faces restrictions on online specialty and motor policies.

Crawford launches tailored 'Japan Connect' claims handling model

August 14 2024

Model provides Japanese businesses operating across Asia with claims handling tailored to Japanese culture, customs, and etiquette.

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