insurance

MAPFRE RE gets China’s approval to operate in Bejing

MAPFRE RE will proceed with pre-opening steps in compliance with local regulations. 

MAPFRE RE gets China’s approval to operate in Bejing

MAPFRE RE will proceed with pre-opening steps in compliance with local regulations. 

HK insurers may need capital boosts due to new rules

The new regime could be costly for insurers.

Current hard market challenges new reinsurer entries

Mainly these are competition, capital raising, and higher barriers to entry.

India's M&A insurance market sees competitive shift

Value of deals surged by 60% to $20b in Q1 2024.

New pet critical illness cover introduced in Hong Kong

It is available to pets of any age and breed, for an annual fee of $14.40.

Zurich-owned Cover-More Group gets new CEO

The appointment is in line with Zurich’s acquisition of a travel insurance arm.

Taspen maintains profitability with strategic investments

It maintained a strong solvency ratio of 497% as of end-2023

Insurers in Taiwan to issue bonds for capital adequacy

Regulatory risk-based capital ratios remained well above the 200% minimum.

HK's new legislation welcomed by insurance industry

The legislation advocates for international insurers to re-domicile in Hong Kong.

Howden steps foot into Japan market with reinsurance firm

Kentaro Tada has been appointed CEO of Japan.

Trade credit insurance supports F&B's financial stability

Global insolvencies are expected to make a 15-year high this year.

PT Meritz Korindo Insurance maintains strong capital buffer

It even surpassed the new 2026 equity requirement of $15m.

Japanese life insurers' premium income hits $18b

Overall operating expenses pencilled in was $4b.

Insurers, employers key to mental health access: GlobalData

Vietnamese consumers showed the most concern for their mental well-being.

APAC insurance risk officers confront these 3 top concerns head-on

Discover how 2 insurance leaders tackle conduct risk, cybersecurity, and business model evolution.

Reinsurers gain confidence with improved loss ratios

Some exceeded a 20% return on equity (ROE) in the first quarter.