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Category: Economy

Singaporeans Fear Outliving Retirement Savings 2 Singaporeans Fear Outliving Retirement Savings

Singaporeans Fear Outliving Retirement Savings

GLive24.com DeskJuly 2, 2026
A growing number of Singaporeans are concerned that their retirement savings may not last throughout their later years, with family financial responsibilities increasingly delaying long-term financial planning, according to the latest Manulife Asia Care Survey 2026. The survey, which gathered responses from 1,074 adults in Singapore, paints a picture of mounting financial pressures despite a […]
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Technology reshapes insurance boardrooms amid legacy system concerns globally challenges Technology reshapes insurance boardrooms amid legacy system concerns globally challenges

Technology reshapes insurance boardrooms amid legacy system concerns globally challenges

GLive24.com DeskJuly 2, 2026
Technology is increasingly reshaping strategic discussions within insurance boardrooms, introducing new priorities that sit alongside traditional underwriting and capital allocation debates. What was once a peripheral topic has become central to executive decision-making, as insurers grapple with cyber risk, climate volatility and evolving market pressures. Speaking during a keynote address, Will Ross highlighted how the […]
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Ardonagh Group Unveils Axiiem InsurTech Platform Ardonagh Group Unveils Axiiem InsurTech Platform

Ardonagh Group Unveils Axiiem InsurTech Platform

GLive24.com DeskJuly 2, 2026
The Ardonagh Group has announced the launch of Axiiem, a new InsurTech venture aimed at reshaping how data, distribution channels and underwriting capacity interact within the specialty insurance market. The initiative reflects a broader industry shift towards digitalisation, where speed, transparency and more efficient placement processes are becoming central to competitive advantage. Axiiem has been […]
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Asia Insurers Urged to Close Growing Protection Gaps 1 Asia Insurers Urged to Close Growing Protection Gaps

Asia Insurers Urged to Close Growing Protection Gaps

GLive24.com DeskJuly 1, 2026
Asia’s insurance industry is being urged to redefine its role as demographic shifts, widening protection gaps and rapid advances in artificial intelligence (AI) reshape customer expectations. Industry leaders say insurers that continue to focus primarily on selling products risk becoming increasingly irrelevant unless they evolve into providers of personalised financial planning, retirement solutions and healthcare […]
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Trump Bags Over 1 Billion From Crypto in First Presidential Year Trump Bags Over $1 Billion From Crypto in First Presidential Year

Trump Bags Over $1 Billion From Crypto in First Presidential Year

GLive24.com DeskJuly 1, 2026
Donald Trump has generated more than $1 billion from cryptocurrency-related business ventures during his first year back in the White House. The disclosure came to light in the US President’s mandatory annual financial disclosure report, a sprawling 927-page document detailing his vast global business empire and personal assets. According to the filing, a substantial portion […]
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Rising Credit Claims Squeeze Indonesian General Insurance Sector 2 Rising Credit Claims Squeeze Indonesian General Insurance Sector

Rising Credit Claims Squeeze Indonesian General Insurance Sector

GLive24.com DeskJune 29, 2026
Indonesia’s general insurance sector is facing severe financial strain within its credit insurance business. Surging claim costs have heavily outpaced premium growth, triggering an underwriting deficit. According to the latest market data released by the Indonesian General Insurance Association (AAUI), the credit insurance loss ratio climbed to an alarming 102 per cent during the first […]
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