Insurance
4 in 5 life insurance owners felt 'financially secure’
4 in 5 life insurance owners felt 'financially secure’
Four in 10 believed that financial concerns affect one’s mental health.
Gross premiums of HK general insurance soar 4.5% in FY2022
The industry earned $64.6b.
Mosaic Insurance opens new Singapore Office
The new office will expand the company’s transactional business across APAC
Hannover Re APAC P&C combined ratio plunges to 126.1% in FY2022
APAC P&C fell to a $576.2m loss due to expenditures from the pandemic and disasters.
AIA Group VONB dips 5% YoY
But, its VONB for 2H2022 rose to 6%.
APRA plans to remake four life insurance prudential standards
The standards are set to be remade before 1 April.
New Zealand P&C insurers to see weak profits in 2023
This is due to the recent catastrophic events that occurred in the country.
How micro pensions will help informal workers
Financial experts discuss the value of financial education and digitalisation in encouraging people to save for the future.
Australia's general insurance net profit rise 34.4% YoY
The industry earned a total of $1.51b.
Swiss Re secures $700m alternative capital deal with J.P. Morgan
The deal will protect the company from losses and help its pursuit of profitable growth.
HK Insurance Authority launches new QDAP selection tool
Users can choose and compare any available QDAP policies using the search tool.
Takaful Malaysia revenue surges 18% in 2022
It earned a total of $830m for the year.
Demand for risk insurance in Asia 'steady' in 2023: Marsh
This is due to the expansion of the Asian market’s capacity for warranty and indemnity insurance
Bangladesh introduces new mortality and morbidity indices to life insurers
The new tables will take effect this 1 January 2024
Australia life insurance full-year 2022 net profit falls 59.3%
Investment loss was the main driver of the decreased performance for the year.
UOI names Wee Ee Cheong as new company Chairman
He will replace his father, Dr. Wee Cho Yaw, who will be retiring on 14 April.
APAC outperforms as global insurance M&A hit 10-year high in 2022
A slowdown in M&A deals in H2 offset some regions' performance.