News
Australia's general insurance premiums rise 5.7% in H1 2024
The number of intermediaries inched down 1.4%.
Australia's general insurance premiums rise 5.7% in H1 2024
The number of intermediaries inched down 1.4%.
Insurance, bank deposits boost Malaysia's economy
The net financial assets per capita of Malaysians stood at EUR9,430, said Allianz.
West's Hong Kong office welcomes new CEO
His role is effective in December.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
Credit insurance gains focus amidst liquidity crunch
Japan reduced its days receivable to 42 days, best in the region.
Global equities attract more pension investments
It is expected to continue as larger pension plans diversify their equity strategies.
Prudential ups stake in Nigerian venture
This increases Prudential's ownership from the 51% stake it acquired in 2017.
Global risks could squeeze Asia Insurance's profits
Underwriting profits are expected to narrow over the next two years.
PSC shareholders vote for Ardonagh merger
The transaction is expected to close around 11 October.
Reinsurance market slated for 6.5% annual growth until 2032
Thanks to reinsurers expanding into new markets.
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
China's financial assets hit $68t, insurance surge 15.7% YoY
This is equivalent to $4.73t.
Tokio Marine, Marsh launch port disruption insurance
Standalone coverage provides up to $50m in capacity for losses.
Why are few companies opting for AI-specific insurance?
Ransomware and phishing now worry 35% of executives.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
Primary insurers bear more risk in new reinsurance climate
NatCat losses in the first half of 2024 were driven by medium-sized events.