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Prudential to see robust financial status in 12-18 months: Moody’s
The top five markets contributing to IFRS operating profit were Hong Kong, Singapore, Vietnam, Malaysia, and mainland China.
Prudential to see robust financial status in 12-18 months: Moody’s
The top five markets contributing to IFRS operating profit were Hong Kong, Singapore, Vietnam, Malaysia, and mainland China.
Two extreme typhoons push claims incurred to HK$1.9b – HKIA
Property damage and motor businesses were the two most affected lines of business.
S.K.’s FSC chairman urges insurers to enhance CSR amidst financial challenges
The meeting was part of a series aimed at fostering close communication and mutual understanding between regulatory authorities and the financial industry.
PIAM supports trade dep’t for better motor repair industry
It aims to have a better outcome for the development and sustainability of the motor insurance and repair ecosystem.
One in six Australians are not covered when travelling – ICA
The ICA CEO expressed that travel insurance is as important as passports.
Natural catastrophes drive insured losses to record levels in 2023 – Swiss Re
Insured losses in the year alone have surpassed $100b, driven by thunderstorms.
Yong An Insurance maintains stable outlook, strong capitalization – Moody's
Despite government support and brand awareness in Shaanxi, the insurer faces challenges in expanding its market share in the medium to long term.
Cover Genius enters partnership, offers ‘cancel for any reason’ travel coverage
Travellers can now safeguard every aspect of their journey, from illness to public transport disruptions and extreme weather.
S.K.’s FSC urges MyData regulation overhaul, fair pricing and streamlined processes
The proposed changes aim to establish reasonable standards for the pricing of data transfer costs, ensuring a sustainable operational environment for MyData services.
Oona Insurance buys 40% stake in Philippine branch from InLife
This will make Oona the sole owner of Oona Philippines.
AM Best forecasts stable medium-term growth for Meritz Insurance
The assessment mirrors Meritz's robust balance sheet strength,
Korea’s life insurance sector jumps 49% YoY year-to-date
It accumulated a total of $3.3b in net income.
65% expect surge in insurance M&A in HK and S’pore for 2024: Survey
Diversified investments, consolidation, new tech, and emerging regulations drove this sentiment upward.
HKIA seeks public input on subsidiary legislation for risk-based capital regime
This consultation comes after the implementation of the Risk-based Capital (RBC) regime.
APRA urges collaboration for sustainable super life insurance
A survey was conducted to assess how the life insurance and superannuation industries are responding to the issue of sustainability.
Recent regulatory changes to boost Taiwan’s life insurance sector: Fitch Ratings
New measures extend the adjustment period for insurers to adapt product and investment strategies to meet capital requirements by 2026.
Japan’s fundamentals to stay healthy in 2024 – Fitch Ratings
Japanese life insurers are likely to increase their investments in super-long government bonds in 2024.
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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.
