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Technology tag returned 1528 results

  • Pandemic had profound impact on underwriting

    Global challenges, such as technological advances, climate change and COVID-19, have had a profound impact on the way insurance underwriters write risks according to the Society of Underwriting Professionals of Chartered Insurance Institute of UK.

    AIRPlus | 25 Jan 2022
  • Regulator urges insurers and banks to push digital transformation

    Chinese regulators urged insurers and banks to make clear progress in their digital transformation by 2025, reported Reuters.

    China | 21 Jan 2022
  • Innovation, balance and quality are buzzwords for China's FinTech sector

    Reshaping financial services, including insurance, with intelligence is one key task set out in China's FinTech Development Plan for 2022-2025 released earlier this month by the central bank, the People's Bank of China (PBOC).

    China | 21 Jan 2022
  • Instant online asset valuation service for insurance launched

    John Foord, the insurance-focused global asset valuation specialist, has launched a cloud-based platform providing insurers and reinsurers, in addition to asset owners and financiers with instant, highly accurate and real-time reinstatement and valuation costs for commercial and industrial fixed assets.

    AIRPlus | 20 Jan 2022
  • Cyber security budgets could increase by 50% in 2022

    Cyber security budgets of US organisations could increase by as much as 50% in the next 12 months according to nine out of 10 respondents participating in a survey by cyber security firm Kaspersky.

    Asia Risk | 19 Jan 2022
  • Lightning and floods were the top killers in 2021 in India

    Extreme weather events claimed 1750 lives in India in 2021. As many as 787 persons (45%) were killed due to lightning and thunderstorms followed by 759 (43%) due to floods, heavy rains and landslides.

    Asia Risk | 19 Jan 2022
  • UK banks asked to quantify climate risks

    Beginning 2022 Bank of England (BoE) will incorporate supervision of climate related financial risks into its core supervisory approach.

    Asia Risk | 19 Jan 2022
  • Germany: Call for state action in face of fast-rising risks

    Germany's Federal Association of Wholesale, Foreign Trade, Services (BGA) has said that while recent trade figures show a positive trend in German international business, big potential risks lie ahead, particularly in the supply chain.

    Asia Risk | 19 Jan 2022
  • New sources of volatility in a world of interconnected risks

    The last two years 2020 and 2021 and the instability caused by the COVID-19 pandemic, social unrest and the impact of climate change have highlighted how risks facing businesses are becoming increasingly volatile and interconnected according to Aon's 2021 Global Risk Management Survey.

    Asia Risk | 19 Jan 2022
  • Digital upgrading of insurance intermediaries' operations faces 3 major challenges

    The digitalisation of the operations of insurance intermediaries face three challenges, namely, a more stringent regulatory environment; more intense competition; and the need for the unified transformation of the entire sector.

    China | 14 Jan 2022

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