Call for unified corporate governance to resolve risks of small and medium-sized insurers

Published on December 29, 2023
In recent years, the problems exposed by some small and medium-sized insurance companies have turned them into risk generators, according to Mr Chen Wenhui, a former vice chairman of the then China
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Pace of digitalisation in insurance sector deemed as too slow

December 29, 2023
The main problem in the insurance industry at present is the slow speed of digital transformation, according to a former senior insurance regulatory official.

AM Best maintains Stable outlook on Malaysia’s non-life insurance segment

December 29, 2023
Global credit ratings agency AM Best, has confirmed that it is maintaining its outlook on Malaysia’s non-life insurance segment at Stable.The agency citied expectations of solid premium growth and the maintenance of underwriting and pricing discipline maintained amid the phased de-tariffication of motor and fire businesses.In Best’s report, it reveals that total non-life gross premiums written in