Editor's choice – (Re)in Asia

Editor’s choice

australia-tops-global-digital-customer-journey-charts-sia-partners-report

Australia tops non-life digital customer journey charts

October 28 2024

Sia Partners benchmark of digital motor and property journeys reveals Australia at top, Hong Kong and Singapore duking it out mid-table, while China has significant potential for improvement.

IRDAI moves to overhaul fraud oversight following insurer data breaches

October 28 2024

Indian regulator takes action following high profile customer data loss at Star Health Insurance and Allied Insurance.

allianz-singapore-expected-to-reach-breakeven-in-three-to-five-years-says-sampp

Allianz Singapore expected to reach breakeven in three to five years, says S&P

October 28 2024

Allianz Singapore's ratings affirmed, with expectations of continued market growth despite the recent halt of the group's US$1.6bn acquisition of a stake in Income Insurance.

south-koreas-insurance-industry-to-reach-us180bn-by-2029

South Korea’s insurance industry to hit US$180bn in 2029: GlobalData

October 25 2024

3.4% CAGR estimate driven by country’s ageing population and rising demand in health and retirement coverage.

Pacific financial lines rates drop 14% in Q3 - Marsh

October 25 2024

Region sees the largest global decrease in financial lines and property rates, at 17% and 6% respectively.

pacific-property-rates-see-biggest-fall-globally-in-second-marsh

Asia commercial insurance rates down 4% in third quarter - Marsh

October 25 2024

Composite rates have fallen in every quarter of 2024 so far, according to data from the broker.

Lloyd’s, UNCDF to launch disaster resilience vehicle for Pacific Islands

October 25 2024

This launch aligns with MoU the entities signed in 2023, aiming to leverage insurance programmes to help address the protection gap in the region.

Prudential to test gen AI for medical claims processing in Singapore and Malaysia

October 24 2024

Insurer to conduct a three to four-month trial of Google's MedLM language models in Singapore and Malaysia.

qbe-forms-strategic-partnership-to-strengthen-engineering-presence-in-asia

QBE forms strategic partnership to strengthen engineering capabilities in Asia

October 24 2024

Partnership will provide QBE with access to Eos Rhea Metis's property and engineering expertise, solutions, and tools across the region.

RGA upsizes asset intensive reinsurance deal with Tongyang Life

October 24 2024

US firm expands transaction by 200m Korean won as reinsurers increasingly turn their attention to Asia Pac.

rare-earth-insurance-launches-independent-wholesale-broker-in-shanghai

Rare Earth launches independent wholesale broker in Shanghai

October 24 2024

Intermediary, led by Wang Wei and Mark Gu, becomes the first independent wholesale insurance broker to operate in mainland China.

Rising awareness of cost drives opportunities for AXA XL

October 24 2024

The (re)insurer’s new Asia Specialty Head, Todd Wilhelm, makes innovation in risk solutions a top priority.

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