In Focus
Global M&A landslides in H1 2023, APAC falls 9%
Insurer M&A downfall will not stay long, the firm said.
Global M&A landslides in H1 2023, APAC falls 9%
Insurer M&A downfall will not stay long, the firm said.
InsurTech funding down 34% in Q2: Gallagher Re
Seven APAC markets were included in the report, which received an estimated $359m in funding.
Asia’s insurance pricing ‘flat’, cyber coverage demand rise in Q2
Globally, insurance pricing went up 3%.
Tune Protect leads the way in cloud-powered insurance services
Tune Protect’s Prasanta Roy tackles digitalisation and overcoming regulatory challenges for efficient, scalable, and secure services at 2023 Insurance Asia Forum.
Philippine non-life insurance outlook turns sour: AM Best
The negative outlook was attributed to the heightened negative pressure on the balance sheet and operating performance of counterparts.
Less than half of global losses due to calamities insured
There were indications of a shift toward an El Niño-like pattern in Asia.
FWD Insurance Indonesia provides customer-friendly flagship product
Through innovative approaches, this insurance company achieved a net premium of IDR1.88t (US$124.7m) in 2022.
Non-life insurance premiums in India up 14.8% in June
The sector is expected to grow by 13% to 15%.
Zurich Malaysia aims for positive sustainable impact with refreshed ESG framework
Insurer’s 2023-2025 framework hopes to foster sustainability.
Philippines’ general insurance sector to grow 11.6% in premiums: GlobalData
This is equivalent to P211.5b ($3.7b) gross written premiums.
Profitability of Japanese non-life insurance to recover in 2024
It is anticipated that Japanese non-life insurance groups will uphold robust capital adequacy.
Hong Kong life insurance market to improve in two years: S&P
The life segment is predicted to jump by 20% o 25% in 2023.
The future of Asian insurance: sustainable, digital, generation “Z”
Insurance leaders and experts shared the common denominators that insurers are struggling with along with the future of the industry and who it is for.
Government weakness heightens Sri Lankan insurers' risks: Fitch
Earnings are expected to be under pressure, and costs are higher due to currency devaluation.
Profitability of Japanese life insurers to rebound: Fitch
Insurers will see resurgence of overall profitability by 2024.
APAC insurers can weather equity markets' decline: S&P
This assessment took into account the forecasted one-year earnings and lower capital charges.
India’s life insurance premiums down in April
The industry’s performance was dragged by the state-owned Life Insurance Corporation of India.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
