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Sunshine Insurance shows bright preliminary H1 2023 performance
It saw its gross written premiums climb 7.7% to RMB67.81b in the first semester.
Sunshine Insurance shows bright preliminary H1 2023 performance
It saw its gross written premiums climb 7.7% to RMB67.81b in the first semester.
Swiss Re ties up with Wysa for first AI-based mental health support app in Australia
The insurers are working to build similar products to cater to other regions.
Tokio Marine sends relief fund to fire-stricken Maui
The fire struck the island of Hawaii on 8 August.
CDP urges insurers and other FIs to integrate system-wide transformation for nature-related risks
Insurers have incorporated climate change risk and opportunity in their portfolios more than water or forest-related.
China-unit of Tokio Marine to stay afloat with TMNF support: Moody’s
Lower investment returns amidst a low-interest rate environment pose a challenge to its profitability.
FWD Group outlook turns positive: Moody’s
Driven by an improved earnings report and partnerships, the insurer shifted from ‘stable’ to ‘positive’.
Gen ‘Z’ to change the course of insurance: Igloo
The emerging trends include embedded insurance, pet insurance, and gaming insurance.
China’s insurers hold steady assets in Q2
Year-to-date, assets grew 7.6%.
Sompo International taps Alasdair Walker as regional head for distribution insurance
He will oversee the distribution insurance segment in the APAC region.
Allianz Malaysia shows promising first-half performance
Both its life and general insurance subsidiaries also saw increases in revenue.
SG’s Income Insurance, Swiss Re reveal first post-cancer term option
The coverage is available to patients aged 74 to 54 years old.
Top 20 APAC insurers average 8.2% in premium growth – GlobalData
Rate hikes and macroeconomic uncertainty remain a concern for APAC insurers.
IAG reports year end results, insurance profit surges 37%
Operating costs stayed within its target for the third consecutive year.
Hyundai Insurance underwriting dips in H1 ‘23
Its net income also saw a 15.8% contraction to KRW578b.
Taiwan’s life insurers buckle up for capital standard implementation by 2026
Life insurers are expected to move towards health and accident policies in the next two years.
AIA sees new business value jump 37% YoY in the first semester
This was mainly driven by the economic reopening in China and Hong Kong.
Insurance is not top priority amongst Singapore’s Gen Zs and millennials: Poll
Only 20% have thought of retirement plans whilst 14% are interested in insurance.
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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.
