News Page 51 / 1029
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- November 25 2024
Asean US$7.5bn health insurance market sees increased competition, rising claims: Malaysian Re
The model of carriers acting as intermediaries between healthcare providers and patients, focusing on cost management, is becoming increasingly difficult to sustain in the face of changing market conditions, according to this year’s Asean Insurance Pulse report.
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- November 25 2024
MS&AD reports 18% reduction in greenhouse gas emissions
The carrier's interim target is to reduce emissions by 37% by FY 2030 compared with FY 2019 levels.
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- November 25 2024
IRDAI-backed insurance e-commerce platform Bima Sugam’s capital requirement surges to US$59m: report
The capital requirement by the Insurance Regulatory and Development Authority of India will amount to US$59m over the next four-five years with US$39m to be provided immediately and the remaining US$20m to be contributed after two years.
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- November 25 2024
Allianz Trade targets to capitalise on Asia’s shifting supply chains
The carrier is eyeing South-East Asia expansion and adapting to China's evolving trade landscape amid post-pandemic challenges, says APAC head Paul Flanagan.
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- November 22 2024
Fidelidade Macau improves ROE on China border reopening, light rail transit project: Fitch
The rating agency has affirmed the P&C carri rating at 'A' (strong) with a stable outlook driven by the insurer's strategic importance to its Portuguese parent company.
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- November 22 2024
India invites consultants for feasibility study to set up P&I club
The country's maritime authority has issued a tender to appoint a consultancy firm to conduct the study to set up a domestic insurance entity.
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- November 22 2024
Australian doctors’ mutual MDA National appoints Tim Plant as chief executive
Sydney-based Plant previously held senior executive roles at organisations including Elders, QBE, icare, Zurich, and, most recently, IAG.
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- November 22 2024
Aon names Mike Yao as Asia director for life reinsurance analytics
In his new role, Singapore-based Yao will contribute to the development and articulation of the broker's analytics value proposition for its APAC clients.
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- November 22 2024
Swedish Club announces 5% general increase for 2025
The hike would apply to P&I and freight, demurrage and defence policies.
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- November 22 2024
Opinion: Will generative AI be a game-changer when it comes to risk modelling?
Algorithms can, in theory, be trained to create predictive models to analyse satellite imagery of cat-affected regions across Asia or forecast a typhoon’s trajectory as well as estimate potential damage and identify high-risk areas.
