Insurance
-
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
[SINGAPORE] UOB’s decision to increase allowances by almost S$1 billion – which led net profit to tumble by more than two thirds – for the latest quarter is “very positive”…
-
Global financiers warn on US insurance risks, Trump immigration crackdown
[HONG KONG] The world’s top bankers and investors warned of headwinds ranging from systemic risks in the US insurance sector to President Donald Trump’s immigration crackdown, underscoring an array of…
-
KKR plans investment expansion for insurance unit in India
The investment firm insurance business is anchored through Global Atlantic Financial Group [MUMBAI] KKR is planning a bigger role for its India insurance unit, as the investment firm expands in…
-
MAS looks to catalyse demand for alternative risk financing, strengthening Singapore’s insurance hub status
The central bank will also work with the industry to boost demand for insurance-linked securities in the Republic [SINGAPORE] The Monetary Authority of Singapore (MAS) has refreshed its insurance-linked security…
-
MAS to encourage a livelier capital market for alternative risk financing, strengthening Singapore’s insurance hub status
The central bank will extend its support to cover non-Apac risks and renewable energy products, while continuing to prioritise solutions that address the region’s needs [SINGAPORE] The Monetary Authority of…
-
MAS to encourage livelier capital markets for alternative risk financing, strengthening Singapore’s insurance hub status
The central bank will extend its support to cover non-Apac risks and renewable energy products, while continuing to prioritise solutions that address the region’s needs [SINGAPORE] The Monetary Authority of…
-
Chinese Son Who Teamed Up with Friends to Kill His Mother in a Fake Road Accident to Claim Her Insurance, Sentenced to Death
A young man in China who teamed up with his friends to kill his mother in a fake road accident in a bid to gain her insurance has been sentenced…
-
AI Won’t Improve Health Insurance Until It Gets Honest With Consumers
Artificial intelligence is quickly establishing its presence in the U.S. health insurance industry, bringing faster claim reviews, quicker authorizations, and lower administrative costs to a system known for being complex…
-
Bridging Insurance and Technology Through Strategic Innovation – Lavanya Rajamani’s Impact
The insurance industry, particularly property and casualty (P&C) and workers’ compensation, is gradually changing as technology changes how organizations approach policy operations, pricing, and customer service. This evolution requires professionals…
-
Singapore: 12 Motorcyclists Nabbed at Tuas Checkpoint for Riding Without Licenses and Insurance
Twelve reckless motorcycle riders were taken into custody at Tuas Checkpoint for operating their vehicles without proper licenses and insurance On October 14. According to a police statement on Friday,…
-
US Family Health Insurance Premiums Hit Record $27,000 in 2025
The average annual premium for employer-sponsored family health coverage in the United States has soared to $26,993 in 2025, according to the Kaiser Family Foundation (KFF). The 6% jump from…
-
Farmington Man Convicted of Killing His Wife for Her Life Insurance Money to Start Life with Another Woman
A Farmington man was found guilty Sept. 30 of capital murder for killing his wife following a two-day trial. According to a press release from prosecuting attorney Brandon Carter, Jason…
-
From vision to action: Global Asia Insurance Partnership’s new CEO targets greater coverage in Asia
[SINGAPORE] As the Global Asia Insurance Partnership’s (GAIP) new chief executive officer, Cheng Min Hung is on a mission to tackle one of the region’s most pressing challenges: a growing…
-
Most Gen Zs lack retirement plans and overlook insurance: Prudential Singapore
[SINGAPORE] While it is never too late, or early, to start planning for retirement, about seven in 10 Gen Zs in the Republic aged 16 to 28 said they do not…
-
China’s Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says
[BEIJING] China’s Ping An Insurance plans to further invest in shares to boost its portfolio return while staying cautious about Chinese economic growth, co-CEO Michael Guo said. The privately owned…
