Insurance
65% expect surge in insurance M&A in HK and S’pore for 2024: Survey
Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.
65% expect surge in insurance M&A in HK and S’pore for 2024: Survey
Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.
HKIA seeks public input on subsidiary legislation for risk-based capital regime
This consultation comes after the implementation of the Risk-based Capital (RBC) regime.
APRA urges collaboration for sustainable super life insurance
A survey was conducted to assess how the life insurance and superannuation industries are responding to the issue of sustainability.
Korea’s life insurance sector jumps 49% YoY year-to-date
It accumulated a total of $3.3b in net income.
Japan’s fundamentals to stay healthy in 2024 – Fitch Ratings
Japanese life insurers are likely to increase their investments in super-long government bonds in 2024.
Philippines’ insurance industry expands 9.38% YoY in Q3
Both its life and non-life insurance segments saw double-digit growth in earnings.
Inflation hits non-life insurance hard, property and motor sectors face uphill battle: Malaysian Re
The main impact of inflation on insurers' balance sheets is likely to be an increase in claims costs.
Global economic slowdown fueled by increased interest rates from major banks
Asia Pacific's insurance premiums are expected to climb 2.3%. In the next two years.
Fidelidade Macau’s capital adequacy ‘strong’, parent to keep it steady – Fitch Ratings
Its parent company is viewed as essential to the subsidiary, leading to a one-notch uplift to its standalone credit quality.
7 out of 10 HK’ers prefer to have private health insurance for improved wellbeing: Survey
High stress and burnout were expressed by Hong Kongers which resulted in the decline in vitality levels.
Swiss Re predicts $4t surge in life savings premiums by 2033 amid pension and retirement savings concerns
An estimated retirement savings gap of $106t exists across government-provided, employer-based, and individual pension savings in eight major...
POP Group Holdings unveils new managing partner of operations
She will oversee operations across POP’s key operating entities.
HKIA warns of fake insurers on social media
Scammers posed to be representatives of Dah Sing Insurance and sold motor insurance products.
Japan’s life insurance segment accelerates in August
Individual insurance and group insurance both saw large increases YoY of 104.9% and 83.9%, respectively to Y4.0t and Y283b.
Anora Agency taps Jeffrey Khoo as chairman
He is know for his work in parametric insurance for the agriculture sector.
Climate risks are still insurable in global South – Howden
In his keynote speech at COP28, the CEO and founder emphasised the potential of loss and damage fund.
Igloo secures $36m in pre-series C funding
The new funds will be utilised for M&A efforts, talent acquisition, and product/value chain.
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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.
