Insurance
Dai-ichi seen to cushion Partners Life's Expansion in New Zealand with capital support
Dependency on third-party reinsurance could offset the insurer’s standing.
Dai-ichi seen to cushion Partners Life's Expansion in New Zealand with capital support
Dependency on third-party reinsurance could offset the insurer’s standing.
Digital Dilemma: Risk or Resilience?
Making data centres and telecommunications infrastructure more resilient to a wetter, hotter climate has never been more important.
Noto Peninsula quake could drive total insured losses to $6b – Moody’s RMS
The losses account for property damage, contents, and business interruption across various sectors.
Taiwan’s insurers witness decrease in life, non-life jumps in November
Life insurance fell 47.7% in pre-tax profits whilst non-life jumped more than double on a year-on-year basis.
Stable outlook for Etiqa General Insurance: AM Best
Enterprise Risk Management (ERM) is deemed appropriate for the company’s capabilities.
ICNZ names incoming chief executive, Grafton stepping down on 7 April
Kris Faafoi is a former Cabinet Minister.
Japan's major non-life insurers set to weather earthquake losses, strong capital buffers to cushion impact
AM Best said the major non-life insurers carry diversified portfolios and strong capital positions.
Indonesia bumps up minimum equity requirement amidst financial dilemma: Report
The new rules also require a minimum investment of IDR1t for starting new insurance businesses.
Generali buys 100% of its Chinese P&C insurance line
The estimated impact of the groups’ Regulatory Solvency Ratio would be -1 p.p.
Australia’s general insurance sector to surge 9.1% by 2027
The industry is seen to grow by 9.5% in 2023 and 9.8% in 2024.
FSC revises fire insurance, extends scope and coverage to other building types
This revision aligns with the compulsory fire insurance requirement in Korea.
Hang Seng Bank launches investment and life insurance plan
70% of Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses.
Partner insurer payout leaps 23% YoY through Ant Group's insurance arm
Health insurance claims contributed about 5 million claims processed by partner insurers on Ant Insurance
Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation
The renewal season reflects significant changes in market conditions compared to the previous year.
WTW welcomes new head of global services and solutions
Clélia Grech will take on her new role with WTW based in Hong Kong.
India's life insurance sector slows in FY24 after a robust FY23
Policy purchases in March 2023 ahead of budgetary changes subdued FY24.
Reinsurance capital rebounds, 2024 could register a tepid $561b
AM Best's projected 12.2% growth in traditional reinsurance capital for 2023 may be sufficient, given potential variations based on capital deployment...
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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.
