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MAIPARK focuses on earthquake risk, enhances buffers
The Indonesia insurer’s profitability improved in 2023.
MAIPARK focuses on earthquake risk, enhances buffers
The Indonesia insurer’s profitability improved in 2023.
First Insurance Limited’s position weakest in peer group
Fitch assesses New Zealand and Australian life insurers in a peer review.
PICC Group's sole overseas entity enhances PICC HK
Last year PICC HK returned to profitability.
Munich Re's capitalisation exceeds strongest requirements
Munich Re reported a net profit of $5.02b in 2023.
Income Insurance under credit watch after Allianz announcement
S&P Global said it could downgrade the Singaporean insurer.
QBE's conservative investments support stability
Its net/net combined ratio improved to 91.2% for 2023.
P&C reinsurers post strong Q1 underwriting income
The average combined ratio for the selected reinsurers was 84.2% in Q1.
Marsh McLennan reports 6% YoY revenue rise in Q2 2024
Asia Pacific’s underlying revenue climbed 70% YoY.
South Korean MG Non-Life Insurance sale fails again
This was its third attempt.
Bowtie, Merck partner for Hong Kong fertility subsidies
Over two-thirds of respondents feel work pressure affects their desire to have children.
Agile appoints new compliance chief in Sydney
He has over two decades of experience in the insurance sector.
AIA Malaysia tops MDRT rankings for 8th year
Thanks to its Premier Advisors model, it said.
Deal boosts Allianz to top ranks in Singapore’s market
Allianz’s Solvency II ratio is expected to reach 203% in Q1 2024.
Hyundai Marine & Fire maintains strong balance sheet
It had a 7.8% return-on-equity ratio and a 96.0% combined ratio for 2023.
Insurance patents for clean energy, carbon capture surge
Patents for clean energy insurance rose from 1,537 in 2014 to 3,004 in 2023.
GIC Re’s underwriting losses widen by 71.1% YoY for end-March
Its combined ratio increased to 111.82%.
Taiwan to repatriate $921b for strategic investments
It aims to boost strategic sectors with overseas insurance funds.
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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.
