insurance
China strengthens reserves for critical illness policies
Jefferies says looming concerns could dampen profitability.
China strengthens reserves for critical illness policies
Jefferies says looming concerns could dampen profitability.
India's life insurance market to grow 10% annually
The industry is projected to reach $216.1b by 2028.
Swiss Re realigns business units after Ojeisekhoba’s departure
Ivan Gonzalez will soon be CEO of Corporate Solutions.
Zurich Insurance P&C revenue up 12% in Q1’24
Farmers Management Services (FMS) achieved a 6% growth.
Swiss Re posts $1.1b net income in Q1’24
Insurance revenue reached $11.5b.
Claims management key to insurance profitability – KPMG
Traditional claims functions must now evolve to incorporate advanced technologies.
Australia’s disability insurance programme to receive more gov’t support
The government is investing an additional AU$227.6m.
MS Reinsurance boosts board of directors with new appointments
Fukuda and Ellenbürger’s roles are effective 24 April.
India’s private insurers outperform with tech edge
The market share of the top 10 insurers fell to 71.2% last year.
Thailand focuses on industry transparency standards
In the past year, the association was able to achieve four missions.
Australia ‘needs’ more investments to underwrite future
The Actuaries Institute also advocates for equitable super changes.
Thousands of Chinese graduates to receive social insurance
These positions will have a two-year service period.
Vietnam reviews draft laws on social insurance, trade unions
The deputy chairman demanded explanations for unaddressed issues.
Korean insurers face tax challenges amidst IFRS 17 adoption: Report
The sudden increase in reserves has triggered calls for regulatory adjustments.
Allianz Q1’24 profit sees 6.8% YoY jump
The growth was driven by its P&C segment.
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
Is ‘Londonisation’ good for Asia’s M&A insurance market?
Industry experts dissect the region’s low usage rates for M&A insurance despite more industry players entering the field.