Singapore's domestic General Insurance GWP tops SG$5bn (US$3.7bn), but underwriting profits dip as country's two largest lines of business record losses.
Insurtech and telco partner to offer embedded device protection, while exploring opportunities to collaborate on home appliances, health electronics, and cyber asset protection.
From hardening rates in cat-exposed regions to softening financial lines, Q4 market report paints a complex picture of growth, challenges, and shifting dynamics in APAC.
But despite Australia's strong international performance, finance and insurance is second worst sector domestically, as insurance and superannuation gap widens in last three years.
Essential Critical Secure offers comprehensive protection against 111 critical illnesses and mental health conditions, with unique monthly cash payouts for severe cases.
Bob Battoo (pictured left) returns to Charles Taylor as MD, APAC – Aviation; Dennis San Jose (pictured right) joins as Resident Technical Manager – Aviation.