A new large AI model with inputs of data relating to certain specific symptoms of patients, can generate alerts about potential rare genetic disorders such as Rett syndrome or Angelman syndrome, or complex neurodevelopmental conditions within seconds.
According to Prudential, in 1Q2025, new business profit on a traditional embedded value went up 12% to $608m, annual premium equivalent (APE) sales went up 4% to $1.7bn and new the new business margin increased by two percentage points.
Many factors influence the dynamics in Indonesia's broker-driven (re) insurance sector, according to UIB Asia Reinsurance Brokers CEO Francis Savari.
The Malaysian general insurance industry's gross written premium (GWP) grew 6.9% y-o-y to MYR23.1bn ($5.3bn) in 2024.
South Korea's national health insurance system recorded its largest-ever deficit in 2024, surpassing KRW11.3tn ($7.7bn).
Future Generali India has launched an AI platform that aims to simplify the process of assessing appropriate cover for an individual's health insurance requirements.
SCOR has appointed Mr Philipp Rüede as CEO for life and health (L&H) and member of the executive committee, effective 1 June 2025.
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, recorded a 35% leap in gross written premiums to $3.5bn in 2024 from $2.6bn in 2023, according to DIFC Authority COO Ms Alya Al Zarouni.
Sukoon Insurance (Sukoon) continues to exhibit above-average operating performance, despite the heavy floods that hit the UAE in 2024, according to S&P Global Ratings (S&P).
Tongyang Life Insurance has launched a new whole life insurance product that is designed to ease premium burdens while strengthening retirement protection by offering partial cash surrender benefits during the premium payment period.