Insurance
Current hard market challenges new reinsurer entries
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.
Southern China floods trigger 18,400 insurance claims
Estimated losses amounted to $86.66m.
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.
PT KB Insurance sees growth in premium retention to 31%
The insurer also benefits from being an important subsidiary of S. Korea's KB Insurance.
Sun Life debuts comprehensive ECO system for wealthy families
The insurer is partnering with HealthMutual Group.
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