News

Insurance value creation rises amidst regional disparities

Asia Pacific contributed just over $100b to the five-year total.

Insurance value creation rises amidst regional disparities

Asia Pacific contributed just over $100b to the five-year total.

Japanese worry most about loss of property, life

88.9% of respondents cited earthquakes as their primary concern.

Consumer council urges improved insurance amidst increasing cross-border travel

It recommended additional commercial insurance as compulsory alone may be insufficient.

Asei's capital ratio falls amid high claims

Its risk-based capital ratio dropped to 208% by the end of June.

AIA Hong Kong Partners with CUHK Hospital

Eligible customers will receive discounts on specialist consultations.

Extended mortality risks loom for insurers

Insurers will need reassessment of mortality portfolios.

Indians regret delaying term insurance start

Only 11% review their coverage annually.

HDI Global debuts energy unit for full coverage

Franz Adamczyk will lead the new unit. 

Resolution Life welcomes new president from Swiss Re

Ojeisekhoba will oversee the commercial division of Resolution Life.

Lloyd's faces volatility from catastrophe, long-tail risks

Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.

Typhoon Yagi triggers reinsurance reassessment in Vietnam

Business interruption claims are expected to be manageable.

Sunshine Capital dives into insurance broking

This move aims to capitalise on the anticipated growth in India's insurance sector.

CALI supports ban on genetic data in insurance

The 5-year review will allow the law to adapt to genetic testing.

Poultry insurance sees growth from diet changes

High costs, especially for large-scale operations, still pose a challenge.

Parametric insurance market set to double by 2033

The manufacturing sector held the largest share of the market in 2023. 

Chinese insurance tech meets auto giants in new deal

The company plans to develop a solution for traditional automakers in two years.