HONG KONG SAR – Media OutReach Newswire – 12 November 2024 – Kwoon Chung Bus has partnered with YAS, an InsurTech pioneer, to launch Hong Kong’s first embedded […]
Strengthening organizational culture is key to insurance business success
Business culture is an essential component of business success, not just a “nice-to-have.” This is as true for insurance and claims services as it is in any other […]
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024. Asia and the Pacific’s third quarter (Q3 2024) commercial insurance rates fell 4% and 6%, accordingly, reported Marsh. […]
China EV insurance registrations for week ending Nov 10: Nio 3,000, Tesla 17,300, Xiaomi 5,500, BYD 85,900
Li Auto’s insurance registrations last week were 11,700, Xpeng 3,600, Zeekr 5,700, Leapmotor 8,200 and Aito 6,500. Major electric vehicle (EV) makers mostly saw insurance registrations in China […]
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central. Only nearly a third of insurance firms have dedicated climate risk committees, compared to 63% of banks and 31% […]
New law sets limits on life insurance beneficiaries
By Lee Kyung-min Estranged family members will no longer be eligible to claim life insurance payouts, after the government revised the trust system law whereby claimants will be […]
SunCar, Wuhan JIDU collaborate on auto insurance platform
SunCar’s nationwide intelligent insurance platform offers a comprehensive solution for auto insurance management. Credit: jd8/Shutterstock. SunCar Technology Group has teamed up with Wuhan JIDU Automobile Service to launch […]