Insurance
Indian general insurers likely to hit $36.4b in 2025
Indian general insurers likely to hit $36.4b in 2025
The sector has a CAGR of 8.7% over FY2019-2024.
HSBC Life, dacadoo partner to promote better health amongst users
The insurer will integrate dacadoo into its health platforms.
Philippine insurers' 2020 net income slips 8.6% to $859m
Premium income only crept up 1.18% YoY.
Great Eastern Q1 profit surges nearly 12 times to S$437.6m
Its profit rose from S$33.9m from the same quarter last year.
Better skies ahead for China Pacific's new business value
But patience will be needed amidst challenges in recruiting agents.
Chinese insurtech Waterdrop aims to raise $360m in IPO
The firm will sell 30 million American Depository shares.
Singaporean insurers still confident amidst pandemic uncertainties
The annual rankings reveal that the city’s top insurers gained S$263b in terms of assets.
China clamps down on medical insurance fraud
Fraudsters may face a suspension of reimbursement for up to a year.
Indian insurers' lagging underwriting could hit long-term profits: report
Adequate earnings have not accompanied market growth.
Insurance and the Growing Demand for Hyper Personalisation
Kenneth Koh is the Global Principal and Director of Insurance, Financial Services Practice, SAS Institute.
Indian insurers can now invest in REITs, infrastructure trusts
This will boost the overall portfolio yield held by these firms.
Sun Life is 2020's top Philippine life insurer
It netted a $175m net income and $811m premium income.
Ping An boosts green activities in support of China's carbon goal
It proposes performance targets for green finance and measures for green growth.
AXA Hong Kong and Macau joins Green Monday ESG Coalition
It is the first insurer to join the coalition.
New specialty businesses to sustain Japan P&C insurers' capital
Growth of specialty products will support underwriting.
China's Leapstack seeks partnership with South Korean insurers
Leapstack will provide big data AI solutions to Korean commercial insurers.
India's LIC nets $24.4b in FY2021 new premiums
Its individual life business posted a first-year premium income of $7.5m.
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Industry experts push for the rapid progress of unified customer data as a starting point.
