Insurance
Korean insurers face volatile investment returns under new IFRS
Stricter K-ICS risk charges prompt portfolio adjustments.
Korean insurers face volatile investment returns under new IFRS
Stricter K-ICS risk charges prompt portfolio adjustments.
ZAIL's outlook stable, reflects parent Zurich Insurance's status
ZAIL’s capital adequacy remains strong at the 99.99% stress level.
Re/insurers reevaluate policies after CrowdStrike system crash
Aon sees an opportunity to improve the granularity of policy information.
Prudential Financial Advisers aims for 1,000 reps by end of 2024
By the end of 2025, it hopes to see 1,500 representatives.
Cyber risk outshines industry threats, surpassing natural disasters
As more firms store data, they become more vulnerable to attacks.
MAIPARK focuses on earthquake risk, enhances buffers
The Indonesia insurer’s profitability improved in 2023.
First Insurance Limited’s position weakest in peer group
Fitch assesses New Zealand and Australian life insurers in a peer review.
PICC Group's sole overseas entity enhances PICC HK
Last year PICC HK returned to profitability.
Munich Re's capitalisation exceeds strongest requirements
Munich Re reported a net profit of $5.02b in 2023.
Income Insurance under credit watch after Allianz announcement
S&P Global said it could downgrade the Singaporean insurer.
QBE's conservative investments support stability
Its net/net combined ratio improved to 91.2% for 2023.
P&C reinsurers post strong Q1 underwriting income
The average combined ratio for the selected reinsurers was 84.2% in Q1.
Marsh McLennan reports 6% YoY revenue rise in Q2 2024
Asia Pacific’s underlying revenue climbed 70% YoY.
South Korean MG Non-Life Insurance sale fails again
This was its third attempt.
Bowtie, Merck partner for Hong Kong fertility subsidies
Over two-thirds of respondents feel work pressure affects their desire to have children.
Agile appoints new compliance chief in Sydney
He has over two decades of experience in the insurance sector.
AIA Malaysia tops MDRT rankings for 8th year
Thanks to its Premier Advisors model, it said.