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...Driven by convenience, the vast majority of Singaporean digital bank customers (83%) would be highly interested in receiving embedded insurance offers based on their transaction data, as would 62% of traditional bank customers....
...The Life Insurance Association of Japan (LIAJ) chairperson Yukinori Takada released a new policy statement when he took the post on 16 July....
...Life and property and casualty (P&C) insurers are set to accelerate their use of automation over the next five years as they look to improve the efficiency and auditability of their actuarial processes according to a new survey by Willis Towers Watson (WTW)....
...Japanese corporates can now avail parametric earthquake insurance using the compact seismograph, ACCURA certified by the Japan Meteorological Agency....
...Global natural disasters in the first half of 2021 caused total economic of approximately $93bn - 32% lower compared to the 10-year average of $136bn - according to preliminary estimates by Aon. Meanwhile, insured losses were estimated at $42bn - 2% higher than the 10-year average ($41bn)....
...AXA Hong Kong and Macau has launched a protection plan for students studying abroad with home-to-home coverage, even during internship, working part-time or going on excursions....
...Scenario planning, agile business strategies, a focus on long-term vision, better and improved risk management and more frequent and impactful responses to market disruptions are essential to continued business success, according to a new EY survey....
...The confidence is high and appetite strong in the London professional indemnity (PI) market despite a trinity of challenges facing the industry according to the London Market Professional Indemnity Report July 2021 prepared by Clyde & Co....
...AXA Hong Kong and Macau?has launched a unique comprehensive critical illness protection series covering illnesses, ranging from the most common ones to emerging ones to which the market has yet to provide sufficient support. The Love Assure Critical Illness Protection series includes coverage for costly long-term dementia care and cancer care....