Life and Health

global-reinsurance-leaders-to-convene-at-sirc-2024

Global (re)insurance leaders to convene at the 20th SIRC

September 30 2024

The event will take place from 4 to 7 November, with a focus on economic resilience, digital transformation, and sustainable development.

Korean Insurance Research Institute calls for long-term strategies to restore trust in the insurance industry

September 27 2024

Misleading practices and short-term commission structures are cited as key reasons for growing inefficiencies and distrust among consumers.

India’s Star Health takes legal action against telegram over data leak - report

September 27 2024

The lawsuit also listed software firm Cloudfare as a defendant, as its services were used to host websites that spread stolen information.

Prudential forms bancassurance partnership with Bank Syariah Indonesia

September 27 2024

With the collaboration, the insurer is aiming to expand its presence in the Syariah insurance market and across Indonesia, in general.

Consumer demand driving digital shift in Korean insurance

September 26 2024

Embedded insurance products are proliferating but human relationships remain vital to selling and underwriting insurance.

gen-z-millennials-drive-85-of-personal-lines-insurance-sales-in-india-as-demand-for-insurtech-soars

Gen Z, Millennials now driving 85% of personal lines insurance sales in India: Turtlemint

September 26 2024

Report by insurtech shines a light on importance of digital channels, with younger generations generating over US$240m in premiums for the past year alone.

East Asian insurers and regulators urged to ramp up collaboration on sustainability

September 26 2024

Hard-hitting panel at EAIC urged greater unity across East Asian insurers to incorporate better sustainability practices.

lockton-promotes-lim-to-singapore-ceo-as-boles-transitions-to-regional-head-of-profin

Lockton elevates Lim to Singapore CEO as Boles transitions to Regional role as Head of ProFin, Asia

September 26 2024

Current Singapore Chief Exec Fred Boles (right) to take up new role as Asia Head of ProFin from Oct 1, with CCO Devel Lim (left) succeeding him as Singapore CEO.

Taiping Re mulls cat bond issuance

September 26 2024

Size of Asia’s catastrophe protection gap means that reinsurers in the region need to look at non-traditional capital sources.

insurers-need-to-embrace-tech-to-manage-volatility-with-industry-on-cusp-of-a-new-era-eaic-panellists

Insurers need to embrace tech to manage volatility, with industry on cusp of a new "golden age": EAIC panellists

September 25 2024

Growth is harder for many insurers in Asia and elsewhere, as the post-pandemic environment has become far more complicated, experts pointed out.

insurance-firms-scramble-for-new-recruiting-strategies-as-talent-pool-shrinks

Insurance firms look to new talent strategies to fill projected "big hole"

September 25 2024

Peak Re CEO Franz-Josef Hahn warns of looming gap, with Hahn and other experts emphasising the need to attract diverse talent, develop individuals, and redefine what a role in insurance means.

Japan's life insurance premiums to reach just shy of US$350bn by 2029: GlobalData

September 24 2024

An ageing population and long life expectancy should boost demand for life insurance products in the country.

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