insurance

How are insurers affected by China’s real estate market decline?

Regional carriers have about 8% of their portfolios in global commercial real estate.

How are insurers affected by China’s real estate market decline?

Regional carriers have about 8% of their portfolios in global commercial real estate.

Top APAC insurers see market cap growth of Q2 2024

China Life Insurance led with a 9% growth during the period.

Prudential names new regional CEO for China 

Angel Ng has more than two decades of experience in the financial services industry.

Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia

Its performance offers insights for competitors like Prudential and AIA.

AXA sells investment arm to BNP Paribas for $6b

The sale is expected to drag AXA’s earnings by $440m.

Asia Pacific composite insurers exceed profitability standards

Their Fitch-calculated financial leverage ratios stay adequate with their ratings.

Carrot granted exclusive behavioural-based insurance use in auto 

Since the launch of its BBI product, the accident rate amongst its customers has been at 12%.

HKIA fines AIA International $3.0m for AML lapses

The insurer said conclusions were technical in nature with no findings of money laundering activities or inappropriate onboarding.

Vietnam’s non-life sector attracts robust foreign direct investment

Recent regulations supported the industry’s stable outlook.

Dhipaya Insurance’s solid 2023 earnings supported by investment gains

The insurer has a strong presence in Thailand’s non-life insurance market, said AM Best.

United Overseas Insurance’s focus on Singapore market yields stable earnings

UOI's balance sheet strength is supported by its risk-adjusted capitalisation.

NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns

Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.

Aviation insurance to soar at a 20-year high in 2024

Collision and crash incidents account for 63% of claims in aviation insurance sector.

HKIA bans four, fake certificates in agent applications

Three of the individuals presented certificates from a non-existent university in China.