Businesses in China, Japan and India are seeing an estimated average loss of nearly 10% of their revenue due to cyber attacks, revealed a new report from global research initiative titled 'The Cybersecurity Imperative'. In fact, annual losses from cyber attacks globally averaged $4.7m in the last fiscal year with over one in 10 firms losing over $10m. This highlights that most companies across industries and regions are witnessing a greater volume of cyber attacks and higher losses per incident.
The climatic conditions by 2050, in some major tropical cities, including Jakarta, Kuala Lumpur, and Singapore will be what no other city in the world has so far experienced.
The Vietnam National Reinsurance Corporation, more generally known as VinaRe, turned in an impressive performance for 2018 in spite of heavy competition in the domestic insurance sector that saw only 17 of the 31 non-life insurers making a profit on their underwriting business.
AIA's upcoming product aimed at the affluent segment in Singapore - AIA Platinum Wealth Elite - brings a new approach to customers interested in investment and wealth creation, by allowing them to tap into specially created and exclusively managed investment funds by some of the world's leading institutional asset managers.
The Pakistan government's poverty alleviation and social protection division has released a health insurance card that can be used by the poor to access emergency health services.
For the first time, the Asia Trusted Life Agents & Advisers Awards is recognising the region's best young corporate talent who has championed the interests and importance of advisers. We speak with Sabrina Ong, a worthy finalist in the inaugural Young Executive of the Year category.
AIA Singapore has partnered Singtel, one of Singapore's leading communications technology group, to unveil StepUp - a wellness platform that allows customers to earn local mobile data with every step they take.
Promoting diversity and inclusion in the global insurance sector, the Dive In Festival 2019 will be held across three days from 24 to 26 September in 33 countries including many cities in the APAC region. These cities include Beijing, Dhaka, Hong Kong, Jakarta, Sydney, Singapore and Taipei. The festival marks a milestone in 2019 as it reaches its fifth year.
With over 400 entries from 15 markets vying for the 4th Asia Trusted Life Agents & Advisers Awards, GoalsMapper has emerged as a worthy finalist in the InsurTech of the Year category. We sat down for a chat with Dato' Wayne Chen, CEO, and Colin Pok, Chief Technology Officer.