Insurance
India’s first-year life insurance premiums dip 25.3%
CareEdge forecasts the industry to have a positive growth trajectory in the long-term.
India’s first-year life insurance premiums dip 25.3%
CareEdge forecasts the industry to have a positive growth trajectory in the long-term.
Insurers ready to tackle Cyclone Jasper – ICA
The community in the cyclone warning region is advised to monitor weather conditions and follow guidance from emergency services.
PH gov’t insurance system registers $1.43b in profits 10M’23
It surged 117% year-on-year.
Korean Re to see growth potential in S.K.’s coinsurance business: AM Best
AM Best foresees a notable reduction in KRE's underwriting risk in 2023 due to the planned portfolio restructuring, which aims to offload unprofitable...
Australians urged to secure right insurance when renting out homes for summer – ICA
Holiday rental insurance is specifically tailored for properties rented out briefly.
Investment income to steer China Taiping Insurance’s bottom line: AM Best
CTPI is expected to maintain a prudent investment strategy and stringent risk management in the future.
Insurance coverage adjustment seen as EV ownership increases
As electric vehicles gain momentum, Allianz Insurance Singapore adjusts its insurance products to meet new challenges in risk, pricing, and claims...
ICA praises federal overhaul for personalised financial advice boost
The old regulatory framework entailed limited access to financial advice, especially for low- and middle-income Australians.
Tune Protect should see a boost in diversification: AM Best
TPR’s operating performance was ‘satisfactory’, AM Best said.
S.K.’s FSC calls for regulation on online asset users' protection
Slated to take effect on 19 July 2024, the proposed regulations aim to safeguard virtual asset users and establish a secure order in virtual asset...
Asian insurtech investments to recoil in 2024 – Clyde & Co.
Insurtechs offering genuinely innovative and unique solutions are likely to attract interest from capital providers.
Sun Life welcomes new president for Asia segment
A search is underway to find Manjit Singh’s successor as Chief Financial Officer.
Sri Lanka’s life insurance segment surpasses general business in Q2’23
The industry saw its total assets reach $3.1b during the quarter.
Chubb’s balance sheet ‘strongest’ in its financials – AM Best
AM Best forecasts that earnings and cash flows from Chubb Limited's operating subsidiaries will continue to support risk-adjusted capitalization if...
Taiwan’s life insurance sector will bounce back in 2024 – GlobalData
The industry is forecast to grow at a compound annual growth rate (CAGR) of 3.0% to $91.6b in 2027.
WTW boosts Asia's corporate risk and broking team
Rupert Roberts and Christine Lau are the two newly appointed leaders at WTW.
Sompo Int’l taps new head of claims, commercial insurance APAC
Pablo Diago will report to Paul O’Neill, President of Commercial Lines Insurance for APAC.
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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.
