Insurance
Australia ready to take hit from Queensland cyclone and flood damage: S&P
The state could face higher spending in the next few years.
Australia ready to take hit from Queensland cyclone and flood damage: S&P
The state could face higher spending in the next few years.
FWD HK sees Q3’23 new business climb 25% YoY
It attributed its performance to their focus on the local market, coupled with proactive efforts to meet the demands of the Greater Bay Area.
HKIA stamps six-year ban on ex-agent for embezzlement and mishandling of premiums
The former insurance agent admitted wrongdoing during the IA's investigation.
See you in 2024!
We’re taking a short break.
Hong Kong’s top 50 insurers experience 7.7% YoY premium contraction in 2022
Analysts said the market’s complex financial environment and shrinking population curtailed industry growth. Cross-border expansion could alleviate...
Japan plans of space tourism insurance by 2030: Report
The plan is to provide coverage for injuries and other issues that could arise during space travel, akin to conventional travel insurance policies.
United India Insurance eyes retail cybersecurity insurance: Report
The policies will offer insurance coverage to refurbish or replace the affected gadgets and expenses towards retrieving data.
Thailand to offer health insurance for non-locals: Report
It aims to expand healthcare for stateless and non-Thai individuals.
India's non-life industry slows down in November
The slow expansion was attributed to sluggish performance in health and motor third-party insurance, along with a decline in crop insurance.
JFTC storms four big Japanese insurers for alleged cartel behaviour: Report
The insurers are suspected of using co-insurance policies as a mechanism for coordinating and fixing premiums.
Indian lawmakers initiate talks with financial sector starting January: Report
The agenda also includes a meeting with the Insurance Regulatory and Development Authority of India and four major insurance companies on 2 January.
Make sure you don’t miss the 2024 Asian Banking & Finance Forum and Insurance Asia Forum in Ho Chi Minh
Learn innovative ideas that are shaping the future of the banking & finance and insurance industries, from the region’s top leaders and executives.
Select life insurers show strong profitability – Fitch Ratings
Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.
Korean non-life and life industry stands steady in 2024 – Fitch Ratings
Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher...
HKIA flags fraudulent activity
The mentioned company is neither an authorized insurer nor a licensed insurance intermediary under the Insurance Ordinance (Cap. 41).
Malaysia Life Re enters family retakaful market
As part of its philanthropic efforts, MLRe contributed RM20,000 to two Tahfiz institutions during the launch event.
Shareholder support, markets seen to boost Qianhai Re’s capital structure: AM Best
Despite earnings decline in 2022 due to negative changes in investment valuations amid capital market volatility, QHR has remained profitable over the...
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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.
