Business type

IRDAI overhauls health insurance regulations

May 31 2024

Indian regulator publishes master circular consolidating health insurance regulations, including mandating of faster claim authorisations.

Bowtie celebrates fifth anniversary with top 10 Hong Kong life insurer milestone

May 31 2024

HK's first virtual insurer marks fifth anniversary ranking tenth in new individual paid policies, according to Q4 2023 Insurance Authority data.

Barbara Williams appointed Regional Managing Director Finance at Allianz Commercial Asia

May 31 2024

Williams, currently Director of Finance for Allianz Commercial Canada Branch, will move to Singapore for the new role.

a-billion-dollar-slice-how-honey-is-using-tech-to-grab-a-larger-share-of-australias-home-insurance-pie

Honey leverages tech and data to fuel billion dollar ambition

May 31 2024

Innovative use of smart sensors, data, and tech has already resulted in rapid growth and CEO Joffe says insurtech is doubling down on technology-first approach in pursuit of AU$1bn (US$664m) in home insurance...

Spike in Asia's PE-backed reinsurance transactions may be "tip of the iceberg": Guy Carp

May 31 2024

Private equity-backed life reinsurance deals have surged, but significant potential remains due to underperforming assets and regulatory changes.

msig-hk-to-focus-on-growth-in-group-medical-financial-and-engineering-lines-sampp

MSIG HK to focus on growth in group medical, financial, and engineering lines: S&P Global

May 30 2024

S&P affirms Hong Kong insurer's A+ financial strength rating, expecting explicit support from Mitsui Sumitomo Insurance to continue.

dual-asset-anz-continues-title-insurance-build-out-with-new-role-for-ed-birrell

DUAL Asset ANZ continues build out with new role for Ed Birrell

May 30 2024

Birrell will relocate to Sydney from the DUAL Asset team in London, where he was serving as Head of UK M&A.

nalagenetics-wins-zurich-innovation-championship-2024

Zurich Malaysia names NalaGenetics as winner in Zurich Innovation Championship 2024

May 30 2024

NalaGenetics recognised for its genetic tests to manage chronic diseases and will enter a four-month accelerator and receive up to US$100,000 in project funding.

High interest rates a "game changer" for life insurance growth, Swiss Re forecasts

May 30 2024

Higher for longer rates predicted to help add US$1.5 trillion in global premiums by 2034, with advanced markets like Australia and Japan leading the surge.

koreas-fss-uncovers-broker-led-insurance-fraud-ring

Korean regulator unearths broker-led insurance fraud ring

May 30 2024

Korean regulator and police uncover a 2.1bn won (US$1.5m) fraud operation involving brokers, hospitals, and fake patients.

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