insurance
Pet insurance market slated for 8.1% CAGR by 2032
Several insurance companies now offer multi-pet insurance policies.
Pet insurance market slated for 8.1% CAGR by 2032
Several insurance companies now offer multi-pet insurance policies.
Ping An bags $12b net profit in H1 2024
An interim dividend of $0.13 per share in cash was declared.
Nippon Life’s Q1 2024 net income skyrockets to $770m
Total new policies saw $4.1m during the period.
Australian CEOs identify longevity insurance barriers
The meeting brought together 21 life insurers in the country.
Philippine’s life sector net income jumps 22% in H1 2024
Total assets also increased by 6.86% YoY.
Australia’s insurance Industry expands in January to March
Both the life and general insurance segment witnessed surges in profit.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
IAG’s net profit rises 7.9% in FY 2024
It ended with a final dividend of 17.0 Australian cents per share for the year.
Marsh's $50m facility to tackle growing port issues
The facility is backed by insurers from Lloyd’s of London and the London market.
Aashi Life’s net profit jumps over threefold YoY in Q1 2024
This was equivalent to $20m in earnings.
Hong Kong insurance complaints drop 10.6% in 2023
H1 2024 also recorded an 11.9% reduction in complaints.
Australia’s annual weather-related insurance costs more than double
Insured losses increased to 0.7% of the GDP.
Sumitomo Life net income climbs to $148m in Q1 2024
Gross premiums also surged 31.7% YoY.
Southeast Asia’s insurtech sector hits $2.4b in 2023
It was mainly driven by Singlife’s merger with Aviva Singapore.
Life insurance reduces mortality risks in China
Still, the protection gap stood at $73.6b in 2023.
How the surge in medical malpractice claims in Singapore affects insurance premiums
Recent legal developments indicate a potential rise in malpractice claims, which may lead to increased insurance premiums for doctors.
HDI Global’s net financial result rises to $76m in H1 2024
Thanks to higher investment volumes and increased interest income.
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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.
