Accident and Health

nat-cat-infrastrucutre-and-health-demand-to-drive-vietnam-gi-growth

Nat Cat, infrastrucutre, and health to drive Vietnam GI growth

February 1 2024

GlobalData forecasts growth of segment to VND 98.3 trillion (US$3.9bn) in GWP by 2028.

ICA calls for AU$500m annual fund for flood risk mitigation

January 31 2024

ICA's Pre-Budget submission call for AU$500m (US$329m) in flood-mitigation funding and extension of the Disaster Ready Fund, among other initiatives.

South Korean insurers launch 'limited edition' products - report

January 24 2024

Time-sensitive life and health policies, aimed at pre-empting rate hikes due to the experience life table, has attracted regulatory attention.

AIA Singapore launches Ultimate Critical Cover in response to rising cancer rates

January 9 2024

AIA UCC aims to bridge Singapore's 74% critical illness protection gap.

australian-federal-court-rules-racq-to-pay-au10m-penalty-for-discount-misrepresentation

Australian Federal Court finds that Zurich did not breach duty of utmost good faith in OnePath Life case

December 21 2023

Zurich cleared of any wrongdoing after OnePath Life, which Zurich's acquired in 2022, denied a claim due to non-disclosure of the claimant's past mental health hospitalisations.

globaldata-chinas-gi-industry-on-track-for-us361bn-of-gwp-by-2028

Motor will continue to drive China's GI industry to US$361bn GWP in 2028

December 21 2023

GlobalData predicts 7.4% CAGR over five years for China's general insurance market, driven by economic recovery and regulatory reforms.

Chubb Life Taiwan maintains National IFS Rating following Dec 2022 merger

December 18 2023

Robust capitalisation, significant parent company support, and anticipation of of new investment-linked products recognised in Fitch's affirmation.

thailands-smk-ordered-by-regulator-to-stop-taking-on-new-applicants

Thailand regulator orders SMK to stop taking new policyholders

December 18 2023

The non-life insurer had applied for bankruptcy protection in May 2022 following significant COVID-19 losses.

Hong Kong: Swiss Re set to acquire EC policies from liquidated Target Insurance

December 15 2023

Insurance Authority announces transfer of 27 employees' compensation and four contract-all-risk policies, pending final approval.

Insurtechs spotlight significance of ESG, data, and health innovations for carriers

December 10 2023

At Insurtech Insights Asia 2023 Insurtechs gave their thoughts on areas of risk and opportunity for insurers.

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