News

Allianz Q1’24 profit sees 6.8% YoY jump

The growth was driven by its P&C segment.

Allianz Q1’24 profit sees 6.8% YoY jump

The growth was driven by its P&C segment.

Only 60% of financial firms have cyber risk plans

The survey also revealed the top 10 business risks institutions are facing.

Helia Insurance’s CAR will remain afloat for the next 2 years

Its monoline business and reliance on a single customer pose concentration risks

Everest Insurance establishes presence in APAC

It opened its first office in Australia.

Improvement in underwriting bolsters Taiwan Life's outlook

Earnings may remain volatile due to the high proportion of interest-sensitive products. 

Rising claims spark fears amongst New Zealand home buyers

CEO urges insurers to ensure insurance accessibility.

IRDAI sets rural coverage mandates for insurers

Coverage providers must offer a minimum level of protection in villages.

Indonesia's life insurance to reach $12.1b GWP by 2028

Endowment insurance is forecasted to decline by 7.0% in 2024.

BMS appoints new Auckland director

Richmond previously with Marsh in various global roles.

FWD Insurance launches affordable microinsurance for Malaysians

Qaseh Bakti Plus offers three plans for individuals aged 18 to 55.

Allianz, GIFT, doctorShare boost remote healthcare in Indonesia

The initiative provided floating hospitals to remote islands in the country.

Global trade risks prompt exporters to consider insurance

45% of Chinese exporters are expecting their turnover to grow this year.

Insurance loyalty rises despite market challenges – Bain & Co.

Consumers increasingly value insurers excelling in ethics, legacy protection, and anxiety reduction.

Finance, banking sectors show the most interest in pension plans

About 142 IPPs and ISPs were established over the last five years.

Australian summers bring higher disease risk

High temperatures could impact agricultural production and health.

Persistent issues with late payments in Vietnam call for reform

A proposal to introduce separate criminal sanctions to address this issue has been raised.