Expansion of tax incentives to address challenges of an ageing population will increase demand for private health insurance, though the change isn't without its risks.
Despite economic turbulence and sector-wide risks, S&P Global Ratings has improved the sector's outlook, from negative, attributing the upgrade to underwriting performance and strategic pricing.
The integration of technology including AI, Machine Learning, and parametric will reshape the insurance industry and are key to its growth, according to Debasish Panda.
Four ex-executives at Vesttoo, alongside employees of China Construction Bank and Standard Chartered, have been implicated in a $3.4bn fraud scheme involving forged letters of credit, according to the...
Ng has been promoted to Division Head of Consumer and Bancassurance and Kwan promoted to Division Head of Property & Casualty (P&C) and Head of Independent Distribution Partners (IDP).
Employee benefits insurtech Onsurity has introduced its first non-health product, a bespoke Cyber Insurance product aimed at safeguarding Indian SMEs from cyber risks.
The Labuan Financial Services Authority and Bermuda Monetary Authority aim to strengthen regulatory supervision, data exchange, and prop up the insurance and digital asset industries.