News
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Chinese insurers shift to floating-return products amidst risks
Its P&C sector is under strain due to market volatility.
Fitch expects rising profitability for Urtrust in near term
Urtrust maintains a solid capital buffer to support its rapid premium growth.
HDI Global strengthens leadership with new managing director
Glanz has been serving as risk engineering manager for the APAC.
Beazley reinforces top management with internal promotions
Both appointees’ roles are effective immediately.
Fathom unveils catastrophe model for flood risk
Flooding is responsible for $14b insured losses in 2023.
Insurers to tackle rising chronic disease rates by 2030
Mental health is now seen as a priority across generations.
Sompo’s risk-adjusted capitalisation reaches peak levels
Despite exposure to equity risk, Sompo has sufficient capital to absorb loss.
Global P&C insurance rates stabilise after hikes
Reinsurance rates globally are expected to be flat or slightly lower in 2025.
Hong Kong’s insurance premiums return to pre-pandemic levels: Jefferies
HSBC and Hang Seng have shown unexpected growth in 2024.
Crawford Malaysia prepares for flood claims with new leads
Mohammad Aminuddin Bin Alias and Nazirul Jabri Bin Roslee have new roles.
Public insurers lag behind private in Indian market
Health and motor insurance were key growth drivers for private insurers.
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Majority of insurers develop own digital platforms
Insurers rather develop their own platform to maintain control over their ecosystems.
CEOs see 3-5 years for AI investment returns
Yet, also over half (57%) of organisations see AI as a vital tech.
APAC holds nearly a fifth of top insurers with 85.8% premium share
The data spans the years 2019 to 2023.
Australia leads APAC in cyber insurance uptake
Demand for cyber insurance in the region is growing at nearly 50% annually.
HK’s new capital regime to strengthen enterprise risk management
It is prompting (re)insurers to adjust their business and investment strategies.
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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.
