Insurance
Taikang Life to maintain strong market position, profitability
Taikang Life to maintain strong market position, profitability
As of end-March, its comprehensive and core solvency ratios improved to 276% and 165%.
QBE's profitability rises with underwriting improvements
Moody’s is also optimistic about the insurer’s premium pricing trends.
Why insurers have a $10t role in mobilising the climate transition
Howden and BCG said insurance premiums are projected to rise by 50% by 2030.
Chinese insurers retrieve 18,400 claims for rain damages
Total claimed loss amounted to ~$86.9m.
HKIA slams broker with fines for poor handling
It also fined a licensed technical representative $910.
Lockton Singapore appoints new COO
She will oversee administration, compliance, claims, marketing, and IT.
ISF co-funds parametric solution for remote Indian state
Nagaland faces high levels of disaster and climate-related impacts.
Australian Reinsurance Pool reviews cyclone pool rates for 2025
The 2024 premium rate review aims to ensure that rates align with the objectives.
Income Insurance faces CreditWatch by S&P Global
S&P Global aims to resolve the CreditWatch status within the next 90 days.
Prudential unveils $2b share buyback plan
It expects its 2024 annual dividend to grow in the range of 7% to 9%.
HKIA warns against unlicensed insurance sales to MCVs
New office premiums for life insurance bought by MCVs reached HK15.6b.
Why global cyber insurance market will remain stable in the next 12 months
Geopolitics and AI are ongoing risks that could potentially impact profitability.
Marsh lists 4 ways to gain an advantage in growing EV market
The EV insurance market is forecasted to expand to $687.62b by 2029.
Innovative partnerships propel FWD’s health insurance growth in APAC
FWD’s new health unit, HealthyMe, aims to meet the region's growing healthcare demands amidst rising incomes.
ICA welcomes NSW budget, aims for insurance affordability
NatCat events in the past two years caused $2.64b (AU$4b).
China's insurance assets surge to $32t
The industry represents only 7% of China's total financial assets.
New IRDAI rules enhance grievance redressal
It also aims for a “zero grievances” status.
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Industry experts push for the rapid progress of unified customer data as a starting point.
