Insurance
Macau Insurance enhances combined ratio to 88.8% with investment gains
Macau Insurance enhances combined ratio to 88.8% with investment gains
It has applied a 25% dividend payout ratio since 2023.
Yen products drive 13% revenue boost for Japanese insurers
Ordinary profits increased to US$22.40b.
Ping An Health sees strong return on equity continuity
It reported capital and surplus (C&S) of $1.22b in 2023.
Swiss Re forecasts higher demand for reinsurance
Demand for property and specialty reinsurance is rising due to higher property values.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
S&P warns of strained profitability for insurers due to climate events
Last year was the fourth straight year insured losses surpassed $100b globally.
Tokio Marine Kiln enhances APAC team with new underwriter
She brings over 20 years of marine insurance experience.
APAC insurers increase cybersecurity investments by 48%
Insurance premiums for cyber policies rose by 70% from 2020 to 2022.
BMS reels new Chief Broking Officer
He brings over 30 years of experience in the industry.
Singlife introduces Legacy IUL for affluent market in Singapore
It’s coverage starts from $250,000 for death and terminal illness protection
Reinsurance capital to rise 9% to $620b in 2024
Risk appetites continued to improve through H1 2024.
Insurers face pressure to modernise with self-service tools.
Insurers face pressure to modernise with self-service tools.
Zurich cuts over half of air emissions through ESG initiatives
Sustainability measures lead to 60% reduction in emissions.
Aon's new framework to enhance insurer profitability
It focuses on uniting capital and portfolio strategies ahead of January 2025.
AXA expected to sustain strong financial performance in next 12 months
AXA's capital strength remains solid, with a Solvency II ratio of 227%.
Co-op Life benefits from favourable underwriting results
AM Best expects continued robust pricing and positive investment income.
Insurers struggle to track technology investment value
Insurers face challenges in measuring ROI.