Data

MAS reiterates personal data regulations in Allianz-Income deal

August 22 2024

The central bank addresses concerns about customer data management in the high-profile insurance deal.

Wearables data a valuable complement – but not replacement – to sophisticated underwriting

August 8 2024

Wearables can make a difference, but standardising data and understanding algorithms remain a challenge.

carrot-acquires-exclusive-right-to-use-behaviour-based-insurance-in-south-korea

Carrot secures six-month exclusive rights for behaviour-based motor insurance in South Korea

August 5 2024

Carrot has gathered extensive driving data to support BBI model for motor insurance.

Data gaps cloud insurance pricing as shipping industry switches to new fuels

July 30 2024

The IMO has set out ambitious targets for decarbonising the shipping industry but a lack of experience data means insurance pricing is likely to be reactive instead of proactive.

Aspen looks to advance AI and data strategy with launch of Data Labs

July 12 2024

Specialty (re)insurer launches Aspen Data Labs to advance its data and AI initiatives.

Korean insurers urged to explore data exchange opportunities

July 5 2024

Korea Insurance Research Institute advises insurers to leverage data exchange and AI to overcome growth stagnation.

indian-retail-broking-market-heating-up-with-new-players-and-digitalisation

Indian broker market heating up with new players and digitalisation

June 28 2024

Industry is poised for major change within five years, said panellists at the Digital Insurance APAC 2024 conference in Hong Kong.

climate-change-drives-urgent-need-for-more-granular-data

Lack of nuanced, local climate data to intensify underwriting challenges for APAC insurers

June 26 2024

The need for more granular data has become more pressing as climate risks escalate.

prudential-appoints-grace-park-as-chief-data-analytics-amp-ai-officer

Prudential appoints Grace Park as Chief Data, Analytics & AI Officer

June 13 2024

Park joins from Manulife to oversee Prudential's use of data and AI across Prudential's business.

MAS and BIS develop blueprint for climate risk platform

June 13 2024

Project Viridis aims to merge regulatory and climate data from corporate disclosures to help financial authorities manage climate risks.

Internal data holds untapped potential for insurers, says Munich Re

June 12 2024

At ITC Asia, experts discussed the evolving role of data to to address emerging risks — and the importance of expertise to leverage it.

major-japanese-insurers-admit-to-sharing-customer-data-report

Major Japanese insurers admit to sharing motor customer data - report

May 24 2024

Insurers admit to sharing of policy information, marking the latest in a series of industry compliance issues in Japan over the last year.

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