At the Asian Insurance Forum 2023, industry leaders saw cross-border products, ILS, talent, and technology as opportunities for the growth of Hong Kong as a risk management centre.
As Cyclone Jasper brews off the North Quensland coast, ACCC releases report saying premiums in North WA, North QLD, and NT went up 4%, 7%, and 13% receptively this year.
Following issue of negative outlook for China's government credit ratings, Moody's downgrades outlook for nine Chinese insurers, inclusive of two captives, plus one overseas subsidiary.
"What really sets companies apart is not whether you have this AI model, but how you organise data, harness the insights from the data and bring in third-party data partners," says Enoch Chan at Insurtech...
Malaysian insurance trade body endorses development of 'JSM MS', which could ease pressure of high inflation and soaring motor parts costs for insurers.
