HSBC Holdings shareholders have voted to reject a proposal, backed by Ping An Insurance Group, to spin of...
India: Insurance regulator issues draft guidelines for inclusion initiative
The IRDAI has issued draft guidelines for Bima Vahaks, a new initiative aimed at enhancing insurance inclusion and penetration in rural areas....
The IRDAI has issued draft guidelines for Bima Vahaks, a new initiative aimed at enhancing insurance inclusion and penetration in rural areas....
Article / 22 hours ago
Hong Kong: Insurance market sees 7% fall in gross premiums in 1Q
The Hong Kong insurance industry saw a 7% decrease in total gross premiums to HK$147.2bn ($18.8bn) in the first quarter of 2023 compared to the same...
The Hong Kong insurance industry saw a 7% decrease in total gross premiums to HK$147.2bn ($18.8bn) in the first quarter of 2023 compared to the same...
Article / 4 days ago
Cambodia: Insurance market grows at 5.5% in 1Q2023
The insurance sector in Cambodia saw total premiums increase by 5.5% to $96m in the first quarter of this year compared to the corresponding quarter in 2022,...
The insurance sector in Cambodia saw total premiums increase by 5.5% to $96m in the first quarter of this year compared to the corresponding quarter in 2022,...
Article / 5 days ago
Asia: A tough environment for InsurTechs
InsurTechs have been under increasing pressure to demonstrate a plan for profitability as investors tighten their wallets to fund startups....
InsurTechs have been under increasing pressure to demonstrate a plan for profitability as investors tighten their wallets to fund startups....
Article / 5 days ago
People in emerging digital growth markets are most trusting of AI
The most AI-trusting people hail from emerging digital growth markets such as India, Indonesia, Philippines, Nigeria, Mexico, and Argentina, according to an...
The most AI-trusting people hail from emerging digital growth markets such as India, Indonesia, Philippines, Nigeria, Mexico, and Argentina, according to an...
Article / 5 days ago
Australia: Victoria to be first state to abolish duties on insurance business
The Victorian Government has announced in its 2023-24 Budget that it plans to abolish business insurance duty as it introduces tax reforms to help businesses and grow the economy.
The Victorian Government has announced in its 2023-24 Budget that it plans to abolish business insurance duty as it introduces tax reforms to help businesses and grow the economy.
Article / 8 days ago
India: GIC Re more than doubles pre-tax profit for FY2023
GIC Re's financial results are summarised below: FY 2023 INR m FY2022 INR m Change Gross premium...
GIC Re's financial results are summarised below: FY 2023 INR m FY2022 INR m Change Gross premium...
Article / 8 days ago
Singapore International Reinsurance Conference to be an all in-person event this year
The Singapore Reinsurers' Association (SRA) has announced that this year's 19th Singapore International Reinsurance Conference (SIRC) will be an...
The Singapore Reinsurers' Association (SRA) has announced that this year's 19th Singapore International Reinsurance Conference (SIRC) will be an...
Article / 8 days ago
Indonesia: Regulator plans to classify insurers by core capital
The Financial Services Authority (OJK) will classify insurance companies based on their core capital, alongside a proposal to increase the minimum capital of insurance and reinsurance...
The Financial Services Authority (OJK) will classify insurance companies based on their core capital, alongside a proposal to increase the minimum capital of insurance and reinsurance...
Article / 15 days ago
New Zealand: Govt allocates US$62.5m for flood protection
The government has announced a flood and cyclone recovery package of around NZ$1bn ($625m) as part of Budget 2023 that covers the basics of rebuilding...
The government has announced a flood and cyclone recovery package of around NZ$1bn ($625m) as part of Budget 2023 that covers the basics of rebuilding...
Article / 20 days ago
