Howden Insurance Brokers in Singapore, part of the international insurance broking group Howden, has acquired the business and assets of AEGIS Insurance Agencies, as it presses on with its strategy to expand Howden Asia's range of specialties.
CoverGo, a leading global enterprise no-code SAAS insurance platform, yesterday announced it has secured $15m in Series A funding led by California-based SemperVirens VC.
Private non-life insurer HDFC ERGO has launched the country's first 'pay as you drive' programme, insurance that offers distance-based insurance under the own damage section to help reduce upfront insurance costs.
2022 will be a year of transition for the insurance industry as it seeks to manage the inflation surge and consequent rises in interest rates, says Swiss Re Institute in its latest sigma report titled "Stagflation: the risk is back, but not 1970s style".
Insurance pricing in the first quarter of 2022 in Asia increased by 3%, down from 4% in the prior quarter, as price increases continued to moderate, according to Marsh, the world's leading insurance broker and risk advisor.
A survey of SME businesses in South and Southeast Asia has highlighted a gap in their current protection levels and the risks they currently face.
A new study conducted by cyber security company Surfshark has found that children in India have the strongest online risk management skills due to their ability to cope with cyber bullying and its consequences.
There are opportunities for insurers and reinsurers to help build societal and corporate resilience and manage ever-present risks, said Ms Gillian Tan, Monetary Authority of Singapore (MAS) assistant managing director (Development & International).
The Singapore Reinsurers' Association (SRA) has decided to proceed with this year's 18th Singapore International Reinsurance Conference (SIRC) with the theme "RE-CONNECTING ... RE-SHAPING THE FUTURE!" according to the association's executive director, Mr Jeffrey Yeo.
Insurers face several challenges when it comes to investing in ESG and integrating the same principles into corporate structures. These include how to develop an ESG framework that defines methodology and standards, the availability of relevant data and persuading stakeholders to buy-in.