News

OCBC's bid for Great Eastern Life to boost sector valuations

OCBC has been a shareholder in Great Eastern Life since 1958.

OCBC's bid for Great Eastern Life to boost sector valuations

OCBC has been a shareholder in Great Eastern Life since 1958.

Generali China deal tops Q1’24 APAC transactions

Generali agreed to buy a 51% stake in Generali China Insurance.

South Korea's capital adequacy rises to 232.2%

This was an increase of 8.1 percentage points from three months prior.

Asahi Life's profitability improves amid lower claims

Fitch Ratings expects Asahi Life to maintain or improve its capital strength.

Insurance revenue climbs 5.5% YoY in Munich Re's Q1’24

Man-made major losses rose to $451m, the largest being the bridge collapse in Baltimore. 

China's crop insurance aims to tackle farmer instability

Amongst other things, it also talked about plans for logistics and the manufacturing sector.

Guild Insurance continues a positive investment income trend: AM Best

AM Best expects GIL to maintain adequate operating performance.

Zurich Indonesia revamps strategy with digital focus

Digitalisation enhances customer service and market agility for Zurich Indonesia.

Porch Group sues CCB over alleged reinsurance fraud: Report

CCB is accused of working with employees of bankruptcy-hit Vesttoo.

Travel insurance market set to reach $106.8b by 2032

The region showed the fastest-growing CAGR.

QBE reports 2% YoY growth in Q1’24’s GWP

Premiums declined by 2% in constant currency.

Tokio Marine dR adopts Fathom data for disaster prep

Tokio Marine aims to assess flood risk from a climate change perspective.

Generali HK's Human Safety Net aids 50 families

Students and Generali volunteers organised workshops for children.

ZhongAn buys landmark offices in Shanghai

The insurer plans to build a FinTech cluster through the property purchase.

Italian insurance-financial firm opens office in Singapore

The lion city is Italy's largest export goods destination in the region.

52% of India’s health insurance policyholders indicate a premium increase

The industry’s premiums are expected to rise 10% to 15%.

S’pore insurers not mandated to override decisions on PWD provisions

MAS found no unfair practices but stressed improved insurer communication.