South Korea: Insurance market expected to see premiums dip in 2023 The insurance market in Korea is expected to decline by 0.7% in 2023 compared to an increase of 11.6% in 2022, with total premiums projected to reach KRW250.9tn ($186bn), according to a blog on the...
AIR+ AIR+ Embedded insurance is the flavour of the season A majority (56%) of financial executives involved in insurance decision-making globally expect to...
Taiwan: Voluntary motor business boosts underwriting results for Cathay Century Cathay Century Insurance's voluntary motor insurance branch, a major business line for the insurer,...
New Zealand: Central bank starts final policy consultation on insurance law review The Reserve Bank of New Zealand (RBNZ) has launched the final policy consultation on the review of...
AIR+ India: AI helps government's health insurance scheme tackle fraud Based on information of fraud obtained through AI and ML anti-fraud initiative, India's government...
Australia: Life insurance council to be responsible for code of practice wef 29 Sep The Financial Services Council (FSC) has announced that responsibility for the Life Insurance Code...
AIR+ Insurance critical for financial immunity A study by private life insurer SBI Life and Deloitte has revealed that 71% of uninsured Indians...