Insurance
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Typhoon Yagi triggers reinsurance reassessment in Vietnam
Business interruption claims are expected to be manageable.
Sunshine Capital dives into insurance broking
This move aims to capitalise on the anticipated growth in India's insurance sector.
Zhibao expands homeowners' insurance to Nanjing
The product is backed by six insurers.
Going green carries its own environmental risks
Both insurers and corporations need to carefully appraise how various types of commercial activities could harm the environment.
CALI supports ban on genetic data in insurance
The 5-year review will allow the law to adapt to genetic testing.
Poultry insurance sees growth from diet changes
High costs, especially for large-scale operations, still pose a challenge.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
Chinese insurance tech meets auto giants in new deal
The company plans to develop a solution for traditional automakers in two years.
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
Kyobo Life reports $6b gross premiums in H1 2024
However, investment profits dropped 41.4% QoQ.
MAS to assess capital plans in Allianz-Income deal
It will evaluate if Allianz’ acquisition meets regulatory requirements.
Cosmetology liability insurance market to grow by 5%
The cosmetics and beauty industry has also noted a rise in employment.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
Reinsurers adjust costs, aerospace premiums unaffected
Market has remained competitive, driven by overcapacity and stable demand.
Co-operative Insurance boosts governance, eyes profit
It also appointed a new CEO early this year to boost efforts.
People's Insurance invests heavily in fixed-income
Its combined ratio also showed mid-year recovery.
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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.
