Insurance

Australian Reinsurance Pool reviews cyclone pool rates for 2025

The 2024 premium rate review aims to ensure that rates align with the objectives.

Australian Reinsurance Pool reviews cyclone pool rates for 2025

The 2024 premium rate review aims to ensure that rates align with the objectives.

Income Insurance faces CreditWatch by S&P Global

S&P Global aims to resolve the CreditWatch status within the next 90 days.

Prudential unveils $2b share buyback plan

It expects its 2024 annual dividend to grow in the range of 7% to 9%.

HKIA warns against unlicensed insurance sales to MCVs

New office premiums for life insurance bought by MCVs reached HK15.6b.

Why global cyber insurance market will remain stable in the next 12 months

Geopolitics and AI are ongoing risks that could potentially impact profitability.

Marsh lists 4 ways to gain an advantage in growing EV market

The EV insurance market is forecasted to expand to $687.62b by 2029.

Innovative partnerships propel FWD’s health insurance growth in APAC

FWD’s new health unit, HealthyMe, aims to meet the region's growing healthcare demands amidst rising incomes.

ICA welcomes NSW budget, aims for insurance affordability

NatCat events in the past two years caused $2.64b (AU$4b).

China's insurance assets surge to $32t

The industry represents only 7% of China's total financial assets.

New IRDAI rules enhance grievance redressal

It also aims for a “zero grievances” status.

ICA proposes updates to insurance code

The code was first introduced in 1994.

Vietnam and the IMF discuss social insurance expansion

Topics included enhancing pension policies amidst changes to the Law on Social Insurance.

Australian insurer warns of anxiety levels caused by extreme weather

Over half of individuals said they turn to family for mental health support.

Prudential Hong Kong opens multipurpose space

It also expanded its academy to this 53,600 sqft office.

Vietnam stresses efficient health insurance management

General Director Nguyen pushes for strengthening the system for statistics, synthesis, and evaluation.