Regulatory changes that were implemented at the beginning of this year relating to online insurance sales have been absorbed by the insurance market, according to Mr Ronald Tam, co-CFO of Nasdaq-listed Huize Holding, a leading digital insurance product and service platform for new generation consumers in China.
China-based online insurer TK.cn Insurance has reported favourable and consistent loss development, although it is still building its insurance book, notes Fitch Ratings.
Turkish conglomerate Dogan Holding's new insurance subsidiary, Hepiyi Sigorta, started operations this month, after obtaining its licence on 27 May 2022 to operate in all non-life insurance branches.
The Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, has co-organised the InsurTech MENA Summit 2022
Acre Africa, a beneficiary of the World Bank's One Million Farmers Platform (OMFP), is one group in Kenya that is leveraging technology to help farmers manage climate risks.
International professional services firm Deloitte has mapped out four major scenarios for the future of China's health ecosystem, namely, national infrastructure boom, precision healthcare innovation, thriving consumerisation, and smart population health.
Insurance brokers are betting on e-marketing to expand their customer base, including reaching out to new customer segments.
The Financial Services Authority (OJK) is preparing regulations covering the marketing of insurance products through digital platforms, said Mr Riswinandi, the chief of the non-bank financial industry supervision department at the regulatory agency.
Internet, electricity and mobile services provider Slingshot has formed a partnership with digital insurer Open, enabling the delivery of house, contents, and landlords' insurance along with energy, mobile and broadband on a single bill.
Agricultural insurance premiums will exceed CNY160bn ($24bn) by 2025, when this branch is forecast to become the second-largest non-auto class of business of property insurance companies.