Life and Health

iis-welcomes-new-asia-based-executives-to-the-executive-council

IIS welcomes new Asia-based executives to Executive Council

August 1 2023

12 insurance executives, including four from Asia, have been added to the International Insurance Society (IIS) Executive Council effective August 1st.

Australian regulator demands financial institutions, including insurers, disclose compensation structures

August 1 2023

APRA made the rule change based on findings from Australia's Financial Services Royal Commission.

taiwans-life-insurance-market-to-rebound-by-2024-fueled-by-favorable-trends-and-endowment-plans

Taiwan's life insurance market to rebound from 2024, fueled by favorable trends and endowment plans

July 28 2023

Global Data projects Taiwan's life market to recover and expand from 2024, though a 2% contraction is still estimated for 2023.

insurance-claim-delays-spark-surge-in-finance-complaints-in-australia

Australia: finance industry complaints hit record high, driven by insurance claim delays

July 28 2023

AFCA recorded 97,000 complaints in 2022-23, with a 76% increase in insurance claim issues and a 50% surge in P&C insurance complaints.

bolttech appoints Stuart Watson as Director for Insurance Exchange in Asia

July 28 2023

With over 18 years of experience, Watson takes on the role to help drive growth and innovation at bolttech.

AXA testing internal generative AI solution for employees

July 28 2023

AXA Secure GPT, which was built in just three months, will initially be accessible to 1,000 employees but a global rollout is planned for the coming months.

fwd-group-names-new-ceo-for-li-in-malaysia-changes-branding-1

FWD Group names Aman Chowla as new CEO for Life business in Malaysia, changes branding

July 28 2023

Chowla has been named as CEO while the company will trade as FWD Insurance Berhad instead of Gibraltar BSN Life Berhad.

Going digital: Singapore regulator empowers policy owners with online beneficiary nominations

July 27 2023

The Monetary Authority of Singapore (MAS) updated regulations to allow insurance policy owners to nominate beneficiaries from January 2nd 2024.

Cracking the holistic wellness code: AIA Singapore's study exposes the challenges faced by consumers

July 27 2023

The AIA Live Better Study 2023 reveals that despite prioritising financial wellness due to economic uncertainties, half of Singapore consumers are missing out on holistic wellness by neglecting physical...

Much work remains as China revives plans to make Shanghai a reinsurance hub

July 27 2023

Experts shed light on what China needs to do to achieve its reinsurance ambitions.

AM Best Affirms Aflac Life Insurance Japan's superior credit rating

July 26 2023

AM Best has reaffirmed the strong credit ratings of Aflac Incorporated and its subsidiaries, citing their strong enterprise risk management, operating performance, and business profile.

Singapore's insurance sector scores high on trust, but challenges remain: ICCSC study

July 26 2023

The study evaluated trust levels for insurers and intermediaries for both life and P&C.

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