Insurance

Australian insurance sector combats inflation with premium hikes

Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.

Australian insurance sector combats inflation with premium hikes

Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.

APAC to lead global EV insurance market in the next five years

The global EV insurance market is seen to skyrocket by 40.3% in CAGR.

Cathay Life's capitalisation robust ahead of 2026 standards

The insurer holds a 21.3% market share of premiums in 2023,

Ansvar sees positive earnings despite PSA claims

The company recorded positive operating earnings in 2022 and 2023.

Japan’s interest rate rise offers lessons for China’s insurers

To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.

Tokio Marine Financial Advisers announces new CEO

He has more than two decades of experience in the industry.

8 in 10 Filipinos seek more insurance amidst rising costs

Out-of-pocket health expenses reached $9b in 2022.

Japanese non-life overseas operations seen to temper domestic underwriting

The country’s big three non-life players saw their profits surge in FYE24.

Ping An upgrades proactive health management system

Nearly 13 million users were enrolled in the family doctor membership last year.

How can insurers transition into a customer-centric business

Arthur D. Little narrowed it down to six steps.

CALI pushes for financial advice accessibility amidst rising costs

Only 8% of Australians consider taking financial advice for insurance.

Allianz Commercial appoints new head for cyber

She brings over two decades of experience in financial lines and cybersecurity.

What were the most common forms of capital insurers used in 2023?

Alternative reinsurance capital exceeded $100b last year.

Only 31% of Indian seniors insured for health

Unfortunately, 16% had applied for coverage but were denied.

Japanese insurers take sound approach toward ESG goals: Fitch Ratings

Insurers may invest in ESG assets only when they offer attractive risk-return profile.