Zurich Insurance and YAS Insurance to offer embedded micro-insurance for robots. The insurance industry from 15 to 19 June saw increased regulatory and risk-management focus, alongside a series of partnerships,…
Read article →Respondents expect 13 to 14 years late in life requiring support. People in Asia are now prioritising personal independence and financial self-sufficiency over traditional wealth inheritance. The Manulife Asia Care…
Read article →The digital insurance platform was built inside Income over the past five years. Income Insurance Limited has announced the business transfer of its digital insurance platform, HIVE, to Singapore-headquartered digital…
Read article →CGS International says legal mainland Chinese purchases are not being targeted. Hong Kong insurance companies are expected to maintain solid growth despite recent investor fears over tighter cross-border financial regulations,…
Read article →About $165b in clean energy assets face rising climate exposure. Parametric insurance, or insurance that pays out based on weather conditions, is gaining traction in Southeast Asia’s renewable energy sector…
Read article →The average ransom demand reached $3.8m whilst actual payments averaged $1.5m. Cyber insurance has covered the majority of corporate losses, with insurance policies paying out roughly $1b, covering more than…
Read article →He will be based in Singapore and report to British Marine portfolio manager Richard Inman. QBE named Callum O’Brien as head of Protection and Indemnity (P&I), Asia. Based in Singapore,…
Read article →The facility also includes $200m for protection and indemnity risks and $200m for cargo. Lloyd’s has announced the launch of a new marine war risk consortium aimed at providing additional…
Read article →The group also announced a share buyback programme of $577.55m (€500m). Generali reported a net result surge of 17.9% from $2.48b (€2.15b) to $2.92b (€2.53b), with adjusted net results growing…
Read article →The treaty supports access to precision medicine through local insurers and takaful operators. Malaysian Reinsurance Berhad (Malaysian Re) and China Reinsurance Life Insurance Company Limited (China Re Life) have signed…
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