News

Union Insurance settles pandemic claims, boosts capital

Its adjusted capital and surplus have returned to pre-COVID levels.

Union Insurance settles pandemic claims, boosts capital

Its adjusted capital and surplus have returned to pre-COVID levels.

Howden Re sees property-cat rate decline

Forecasts show a 60% chance of La Niña developing midseason.

MSIG to stay afloat in the next 2 years: S&P

MSIG HK is unlikely to be sold despite its small capital and earnings contributions. 

HDI Global's Q1 net income rises to $112m

Thanks to inflation-related price changes and new business in property.

Cathay Life projects continued profitability: S&P

The life insurer is likely to remain the group's flagship entity, dominating revenue and assets.

Sunshine Life retains adequate capital buffer: Moody’s

The insurer was able to show an ROC of 4.7% in FY23.

Taiwan life insurers' foreign sales rise 6% in March

Investment-linked insurance products generated NT$9.3b during the month.

Etiqa SG unveils Tiq CashSaver for young families and adults

The minimum monthly savings amount starts at S$125.

Manulife SG elevates pro recognition programme

The programme holds a 67% retention rate.

FWD Group reports 17% growth in VNB for Q124

The company saw $215m in terms of value of new business.

India repeals 55 health insurance documents

On a good note, policyholders gain more product choices.

Taiwan insurers rebound to $4.76b in profits for April

It was a far cry from the $270m loss in 2023.

Howden inaugurates SME cyber insurance platform

Only one in 10 SMEs invest in cyber insurance.

Hong Kong Investors wary of insurer growth divergence

IFRS 17 tends to undervalue savings contracts, Jefferies noted.

Japan insurers pay $215m for April hail damage

Nearly 100% of the claims received were covered.

Prudential Hong Kong forms alliance with 7 local hospitals

This partnership aims to build a healthcare ecosystem in Hong Kong.

Indonesian fintech protects 200k customers through Qoala, Sompo collab

JULO Protect Plus is the first insurance cover embedded in its virtual credit card solution.