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Allianz APAC’s operating profit catapults in 2023
Both P&C and L&H saw robust growth in their 2023 performance.
Allianz APAC’s operating profit catapults in 2023
Both P&C and L&H saw robust growth in their 2023 performance.
Cross-agency steering group revamps website to boost sustainable efforts
The website also now features sustainability-related data, regulations, news, events, training, and internship opportunities.
New Zealand trade union urges income insurance amidst rising redundancies
The CTU President said New Zealand ranks among the countries with the lowest levels of redundancy protection globally.
Fitch affirms Tokio Marine & Nichido Fire Insurance's strength amid challenges
TMNF’s assessment considers TMHD's robust company profile, strong financial performance, and solid capital adequacy
Budget Direct Insurance celebrates seven years
CEO Birch spearheaded the formation of DirectAsia Insurance in collaboration with the Whittington Group.
Great Eastern’s weighted new sales dip, earnings soar in 2023
The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.
New reinsurance guidelines spotlight Indian insurers' capital management
The IRDAI is actively considering introducing collaterals within the Indian insurance industry.
Australian employers to boost 2024 salaries by 4.0%; insurance sector trails: WTW
Inflationary pressures and concerns over a tight labour market continue to be catalysts.
Zurich Group's BOP jumps 21% YoY, APAC business soars
The APAC business also announced a partnership with India-based Kotak Mahindra Bank.
IRDAI modifies master circular on unclaimed amounts of policyholders
The IRDAI reminded insurers to make better efforts in terms of payment of dues.
S&P Global Ratings forecasts earnings surge to $3.6b in 2024 for Swiss Re
Its life and health reinsurance segment is projected to reach $1.5b in profits.
Regulatory shake-up threatens Vietnam’s bancassurance sales
Bancassurance activities will face stricter management, under the amended Law on Credit Institutions.
AXA XL Reinsurance CEO ‘bullish’ for 2024
The CEO said a shift towards a more balanced relationship between insurers and reinsurers, with a clearer division of labour, in terms of the renewal season.
IFRS 17, K-ICS weakens average solvency ratio
The adoption of K-ICS drove operational strategies of Korean insurers to focus on expanding sales of protection-type products with high profitability.
IAG New Zealand’s first-half GWP leaps nearly a quarter from last year
The NZ business has processed more than 52,000 claims from the increasing risks and extreme weather events in 2023.
Over two-thirds of New Zealanders fret over house insurance costs
Consumer NZ urges New Zealanders to review their current level of cover and shop around.
HK insurance firms willing to invest in tech attract candidates in the sector
Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.
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Indonesia enters era of digital insurance distribution
![Indonesia enters era of digital insurance distribution]()
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
