insurance

AIA to simplify policy language amidst customer feedback

Difficulty in understanding the terms is seen as the top reason.

AIA to simplify policy language amidst customer feedback

Difficulty in understanding the terms is seen as the top reason.

Meiji Yasuda to keep premiums modest in FY 2024 with 1.5% YoY rise

Despite the challenges, Meiji Yasuda's credit quality remains robust.

Cyber insurance market set to reach $121b by 2032

APAC is expected to experience significant growth due to rising ransom attacks.

Emerging markets in Asia propel health reinsurance growth

In smaller SEA markets, reinsurers continue to support the growth of health insurance.

Etiqa named official fire insurer for HDB flats

Insurance premiums range from US$0.84 to US$5.07.

Over 3 million Australians lack adequate insurance coverage

Nearly 90% believe it is crucial to access financial support through their life.

China enhances online property insurance regulations

It will also restrict companies expanding to other services online.

Max Life's profit jumps 46% YoY in Q1 FY25

Embedded Value also grew by 30% YoY.

Sompo Thailand unveils new CEO

He has more than two decades of experience in the industry.

Canopius profits surge 53% in H1 2024

Insurance contract written premiums also climbed 23% YoY.

Coface’s H1 2024 net income climbs 10% YoY

This was equivalent to $156.5m in earnings for the period.

Robust capital aids premium growth in China

Companies with higher IFS Ratings typically exhibit more stability.

Nippon Life sees benefits from rising rates, market diversity

Revenue and profit for FY 2024 are projected to decline.

Qoala boosts leadership to expand regional presence

It is also launching its second Employee Stock Option Plan (ESOP).

PSC Insurance Brokers acquires Eastern Prudential

Eastern Prudential will move to the Sydney branch.

Economy to drive Sri Lankan insurance market, says central bank

In 2023, the sector contributed 0.8% to GDP, penetration rates remaining below 2%.