Japanese insurer plans to retrench 15% of workforce As Sompo Japan Nipponkoa Insurance looks to capitalise on information technology to carry out operations, it has planned to cut the number of its employees according to a report from local news...
Australia: Regulator releases minor corrections to general insurance standards The Australian Prudential Regulation Authority (APRA) has revised prudential standards GPS 110...
India: Life insurance is millennials' top investment choice Millennials in India prefer life insurance as their most preferred investment option to meet the...
Climate risk: Over 80% of people affected by natural hazards live in developing Asia Asia has already suffered over $2bn in economic losses due to NatCAT events in just the first five...
China: 20% of auto insurance claims reportedly fraudulent Fraud leakage in China's motor insurance sector is about 20%, according to the 2019 China Insurance...
Preparing the world for cyber Walk before you run if you want to underwrite cyber, said Distinction.Global co-founder and partner...
Asian SMEs to benefit from insurer's enhanced cloud-powered platform The SME segment is a strategic focus of Prudential Corporation Asia and so the insurer has...