Travel insurance faces mounting exposure as hundreds of foreign tourists are reported missing following a deadly flash flood that swept through villages along the Nepal-China border.
Insurance-linked securities (ILS) capacity has reached new highs amid record catastrophe bond issuance, continuing to drive growth in the alternative reinsurance market. This is according to a new report by AM Best, which said catastrophe bonds were routinely oversubscribed in the first half of...
AXA Hong Kong and Macau and Manulife Hong Kong have been selected among the first participants in Hong Kong's GenA.I. Sandbox++, amid efforts to test AI applications under regulatory oversight.
Prudential plc announced in a 27 August press release that Prudential Corporation Holdings (PCHL), a...
Indonesian travellers are increasingly buying travel insurance at the eleventh hour, with medical protection...
AIA Life Korea has announced that Mr Nathan Chuang, CEO, has decided to leave the insurer to pursue other opportunities.