News

India's life insurance APE growth slows to 10.5% in August

LIC's performance in 5M FY 2025 outpaced its private sector peers

India's life insurance APE growth slows to 10.5% in August

LIC's performance in 5M FY 2025 outpaced its private sector peers

Kyobo Life reports $6b gross premiums in H1 2024

However, investment profits dropped 41.4% QoQ.

MAS to assess capital plans in Allianz-Income deal

It will evaluate if Allianz’ acquisition meets regulatory requirements.

Cosmetology liability insurance market to grow by 5%

The cosmetics and beauty industry has also noted a rise in employment.

India approves health coverage for seniors aged 70 and above under AB PM-JAY

Eligible citizens will receive $6k (₹5 lakh) free health insurance coverage per year.

Reinsurers adjust costs, aerospace premiums unaffected

Market has remained competitive, driven by overcapacity and stable demand.

Co-operative Insurance boosts governance, eyes profit

It also appointed a new CEO early this year to boost efforts.

People's Insurance invests heavily in fixed-income

Its combined ratio also showed mid-year recovery.

Aviva-COFCO's solvency ratio drops to 240%

ROE averaged 9.7% from 2022 to H1 2024.

China tightens supervision in the insurance sector

Foreign institutions that meet eligibility criteria will be supported.

HDI Global integrates GenAI for international programmes

HDI is also providing ongoing training to expand its workforce skills in GenAI.

Delta International shows solid underwriting in APAC markets

AM Best said the insurer’s tech infrastructure boosted overall GWPs.

Which three Asian countries ranked riskiest in the world?

Singapore was the lowest-risk country in the region.

How much are SG’s expats paying for medical coverage?

The average annual hospitalisation coverage is US$99,034.

Allianz Ayudhya General maintains strong capitalisation post-merger

The merger is expected to drive premium growth over the medium term.