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AM Best said the club’s small capital base leaves earnings exposed. Korea P&I Club’s relatively small capital base leaves it exposed to potential earnings volatility from large claims, but its…
Read article →It handles discovery to policy issuance in single conversational flow. Singapore-based insurance technology company Igloo has launched an AI-powered travel insurance assistant in Indonesia that completes the full purchase journey…
Read article →Mainland visitor policies historically account for about 30% of life sector new business. Hong Kong insurance companies face potential sales slowdowns and increased compliance costs as regulators clamp down on…
Read article →Insurers generally have less exposure in Mindanao than in Manila. The magnitude 7.8 earthquake that struck off the coast of Sarangani is expected to result in a significant gap between…
Read article →Australian customers can now add protection during the booking process. Cover Genius has partnered with Traveloka to provide embedded travel protection products across the travel platform’s markets, supporting Traveloka’s international…
Read article →The branch will be based in GIFT City, India’s operational international financial services centre. International General Insurance Holdings Ltd. (IGI) has secured registration approval from the International Financial Services Centres…
Read article →Both countries face increasing risks from extreme weather, cyber threats and supply disruption. The Insurance Council of Australia (ICA) and the Insurance Council of New Zealand (ICNZ) have signed a…
Read article →The Swiss base will support estate planning, wealth preservation and family governance. Lioner International Group Ltd. has launched a new office in Zurich, marking its first expansion outside Asia as…
Read article →The agency said losses may pass through local firms and global reinsurers. The magnitude 7.8 earthquake that struck off the coast of Sarangani, Philippines is expected to result in limited…
Read article →The insurer paid $45.8m across 28,658 settled claims in its latest transparency report. Digit Life Insurance’s gross written premium rose to $199.0m (₹1,990 crore) from $131.6m (₹1,316 crore) the previous…
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