While automation and AI promise faster and more personalised services, online penetration remains limited in life and health insurance due to product complexity and the demand for financial advice.
A recent case in China decides that the limitation period of a reinsurance contract will start to run only when the original insurer has quantified its loss under the insurance contract. Mr Ik Wei ...
Over the period from 2019, Sri Lanka's insurance industry displayed resilience, navigating through the economic downturn caused by the COVID-19 pandemic and the unprecedented economic crisis in 2022, ...
A panel led by the Korea Exchange has concluded that Korean life insurers do not need to share proceeds from an initial public offering with customers, putting an end to an 18-year-old dispute.
Bancassurance in Asia is still an emerging channel, but it is making significant inroads both in emerging markets such as China and India and developed markets such as Japan. Mr Neil Katkov, SVP, Asia ...