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Supervision of National Health Claims Exchange may be shifted from NHA to MoF to curb rising healthcare costs, source says
"Strict supervision" of the National Health Claims Exchange - the...
AM Best maintains stable outlook on global cyber insurance segment
The AI-driven proliferation of cyber-attacks also can increase the...
AI-powered WHO Digital Health Worker ‘Florence 2.0’ launched in Qatar
Florence can share advice on mental health, give tips to destress, provide guidance on how to eat right, be more active, and quit tobacco and e-cigarettes. She can also offer information on COVID-19 vaccines and more. Florence 2.0 is now available in English with...
Wage Revision: FM withholds approvals on “performance linked wages” for PSU Gen insurers, GIPSA to meet unions tom
``The ministry of finance wants the unions to agree for the performance based wage revision in future before effecting the new revision of 12 per cent hike with five years of arrears for the workforce of the general insurance industry,'' said sources in the ministry...
Howden RE appoints Doreen Tan as Director, ASEAN Treaty / Retrocession
Tan will be responsible for servicing clients and markets across Asia Pacific as part of Howden RE’s growing treaty reinsurance division dedicated to the region and her appointment represents Howden’s continued investment in expertise Singapore: Howden Reinsurance...
Australia unveils privacy rule changes after Optus data breach
The changes will enable telcos to share government-issued identification documents with banks to allow them to implement enhanced monitoring for customers impacted by data breaches Australia on Thursday proposed an overhaul of consumer privacy rules that will help...
AM Best Maintains Stable Outlook on Japan Non-Life Insurance Market
While AM Best expects premium revenue to increase, mainly driven by fire, personal accident and other specialty insurance, it is probable that underlying underwriting profit will contract from a higher loss ratio for voluntary automobile insurance. Potentially higher...
Hospitals and infrastructure are most vulnerable to Cyber risks: Moody’s
“We view not-for-profit hospitals as being highly attractive, data-rich targets with average mitigation measures in place to reduce the impact of a potential cyber event,” the report said Around $22 trillion of global debt rated by Moody’s has a “high” or “very high”...
Lemonade enters UK with Aviva’s strategic partnership
Founded in 2015, Lemonade launched its flagship renters insurance in the United States in 2016, where it is now ranked one of the top renters insurance products in the market LONDON & NEW YORK: Lemonade, the insurance company powered by AI and social impact, today...
Swiss Re and Indonesia Re form partnership to support the underwriting decisions of the members Insurance Data Centre Management Agency (BPPDAN)
“Heightened risk awareness in Indonesia is fueling more demand for insurance protection. To remain competitive in a dynamic risk environment, enhancing underwriting performance and portfolio steering are key differentiators for insurance organisations,” said Monami...
Global coalition with insurers devise tool to measure Workplace Mental Health
The assessment, known as the Mental Health at Work Index, will score the effectiveness of an organization’s mental-health programs and recommend enhancements. The goal is to “help define what good looks like,” said Christina McCarthy, executive director of One Mind at...
Kishore Poludasu appointed as new MD&CEO of SBI Gen Insurance
Kishore Poludasu is a seasoned BFSI professional with over three decades of experience in commercial banking including large Corporate/Infrastructure Credit, International Banking operations, Enterprise Management, Mergers & Consolidation, etc Mumbai: SBI General...