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Philippines’ insurance industry expands 9.38% YoY in Q3
Both its life and non-life insurance segments saw double-digit growth in earnings.
Philippines’ insurance industry expands 9.38% YoY in Q3
Both its life and non-life insurance segments saw double-digit growth in earnings.
Inflation hits non-life insurance hard, property and motor sectors face uphill battle: Malaysian Re
The main impact of inflation on insurers' balance sheets is likely to be an increase in claims costs.
Global economic slowdown fueled by increased interest rates from major banks
Asia Pacific's insurance premiums are expected to climb 2.3%. In the next two years.
Swiss Re predicts $4t surge in life savings premiums by 2033 amid pension and retirement savings concerns
An estimated retirement savings gap of $106t exists across government-provided, employer-based, and individual pension savings in eight major economies in 2022.
Fidelidade Macau’s capital adequacy ‘strong’, parent to keep it steady – Fitch Ratings
Its parent company is viewed as essential to the subsidiary, leading to a one-notch uplift to its standalone credit quality.
7 out of 10 HK’ers prefer to have private health insurance for improved wellbeing: Survey
High stress and burnout were expressed by Hong Kongers which resulted in the decline in vitality levels.
POP Group Holdings unveils new managing partner of operations
She will oversee operations across POP’s key operating entities.
HKIA warns of fake insurers on social media
Scammers posed to be representatives of Dah Sing Insurance and sold motor insurance products.
Japan’s life insurance segment accelerates in August
Individual insurance and group insurance both saw large increases YoY of 104.9% and 83.9%, respectively to Y4.0t and Y283b.
Climate risks are still insurable in global South – Howden
In his keynote speech at COP28, the CEO and founder emphasised the potential of loss and damage fund.
Anora Agency taps Jeffrey Khoo as chairman
He is know for his work in parametric insurance for the agriculture sector.
Igloo secures $36m in pre-series C funding
The new funds will be utilised for M&A efforts, talent acquisition, and product/value chain.
HK’s total gross premiums dip 1% in the first nine months
Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.
How global issues impact reinsurance: Guy Carpenter
Repricing risks, using quality data, and seeking alternative solutions are fundamental steps for insurers.
Three threats that pose a challenge to insurance investors in 2024: Conning
Richard Sega, Global Chief Investment Strategist at Conning emphasised that effective risk management is key.
Gallagher introduces new brokerage arm in Taiwan
CEO Brian Wang hopes to get opportunities in the manufacturing, agriculture, financial and technology sectors.
Marsh completes acquisition of Honan Insurance
Josh Roach will be the merged entity’s president in January.
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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.
