New Zealand

India, Philippines pension systems lack adequacy: Mercer

A score below 35 would indicate serious deficiencies.

India, Philippines pension systems lack adequacy: Mercer

A score below 35 would indicate serious deficiencies.

Why ageing Asians prefer critical illness coverage

Japan and India have the largest share of life insurance ownership.

Quest Insurance to maintain strong capitalisation

However, future loss ratios are expected to rise.

Beneficial Insurance boasts 36.1% return on equity

Beneficial’s risk-adjusted capitalisation was strongest level as of 31 March.

UniMed’s capitalisation hits strongest level in 2023

Thanks to low underwriting leverage and moderate investment risk. 

Delta International shows solid underwriting in APAC markets

AM Best said the insurer’s tech infrastructure boosted overall GWPs.

Co-op Life benefits from favourable underwriting results

AM Best expects continued robust pricing and positive investment income.

Foundation Life (NZ) focuses on restructuring life insurance portfolio

If the proposed scheme is completed, the company is seen to cease insurance activities.

Chubb New Zealand to adjust capital strategy within 24 months

It is also expected to receive substantial support from its parent.

First Insurance Limited’s position weakest in peer group

Fitch assesses New Zealand and Australian life insurers in a peer review.

VPIS posts steady 4.0% return-on-equity over five years

AM Best also assessed its operating performance as adequate.

New Zealand’s insurers maintain strong solvency under strict regulations

Demand for non-life insurance is driven by exposure to natural hazards.

Chubb appoints Howell as head of general insurance for Australia, NZ

He will report to Marcos Gunn, regional president of APAC.

Police Health Plan maintains a robust balance sheet

It benefits from a high penetration rate within the police force.