Trade credit insurers require time, information and resources to make assessments on credit risks. However, it may be tough for insurers to make decisions if clients begin purchasing coverage with limited time.
Gallagher has appointed Mr Mark Chan as head of construction and energy to lead its ambitious growth plans in North Asia. He brings 25 years of insurance industry experience and has held roles at both underwriters and brokers.
A new survey conducted across 113 villages in India has found that only 22% of India's rural population owns life insurance products compared to 73% across urban India.
Some of Southeast Asia's largest cities could be hit disproportionately hard by rising sea levels and be underwater by the end of the century according to a new study.
The year 2023 has thus far been quite challenging for GenZ. The global slowdown and mass layoffs by technology majors, many industries impacted by the geo-political tensions and inflationary pressures have put paid to all their hopes of landing their employment of choice. AI, machine learning and ChatGPT have also taken their share of the toll.
Health insurance firms are increasingly realising that 'Health is Wealth'. When we are healthy, our chances of growing in wealth increase manifold.
Around 25% of Munich Re Group's reinsurance premium income last year stemmed from Asia and MENA, says the global reinsurance giant in its annual report for 2022. Australia and New Zealand contribute around 5% to premium income.
AI chatbot, ChatGPT, is creating sensations and breaking barriers in different industries, and even giving financial advice to people. But can it really replace human financial advisors?
Allianz Global Corporate & Specialty (AGCS) has hired Mr Gareth Lang as AGCS Asia Pacific regional head of legal and compliance with effect from 12 June 2023. In this role that is based in Singapore, he will oversee, coordinate, manage and advise on all aspects of legal, regulatory and compliance affairs of AGCS Asia Pacific to ensure the protection of legal rights and enable its strategic business development in compliance with applicable laws and regulations.
Someone in poor health or with medical problems should have an entirely different plan from a person who is healthy, said certified financial planner Carolyn McClanahan.