News

Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s

Cathay Life is forecasted to stay profitable in the next 12-18 months.

Cathay Life gets to keep crown as leading insurer in Hong Kong: Moody’s

Cathay Life is forecasted to stay profitable in the next 12-18 months.

Higher EV sales to surface new insurance risk factors: SRI

EV insurance can take the global market size to more than $200b in 2030.

Fubon Life’s investments raise volatility concerns

Its P&C segment’s profits and capitalisation over the next 12-18 months should remain stable.

Prudential Singapore unveils indexed universal life plan for HNWs

This plan aims to provide coverage against market uncertainties.

Fukoku Life posts record core profit in FY23

Despite a slight dip in premiums, its core profit accumulated $640m.

Commitment issues rise amidst climate risks dampen insurance reliability

Typhoon Koinu alone in 2023 led to over $500m in insurance claims.

QBE underwriting reforms show promise: S&P Global

QBE to maintain capital redundancy at or above the 99.95% stress level.

HK warns against fake free insurance ads

The circulating ad even featured a government Dep’t logo.

Japanese insurers eye profit from hikes in fire and auto insurance

FY24 profit targets exceeded Jefferies’ forecasts.

MetLife relies on Australian arm through 2026

S&P Global says MetLife Insurance would keep a stable outlook.

Howden Re appoints new client strategy chariman

David Hearn has over 42 years of experience in the industry.

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

How Thai insurers can battle through a high-risk environment

 Low cybersecurity lands Thailand at the 64th spot in overall resiliency rankings. 

HKIA bans two agents for false credentials

The cases occurred before the HKIA took over the regulation of insurance intermediaries in 2019.

Insurers must offer privacy on the back of personalisation

Industry experts at Insurance Asia Forum believe Thailand is bound for growth, but warn against data and health risks.