Insurance

How did APAC insurers fare in 2023?

The average premium earned by these companies grew by just 1.3%.

How did APAC insurers fare in 2023?

The average premium earned by these companies grew by just 1.3%.

Reinsurers adjust costs, aerospace premiums unaffected

Market has remained competitive, driven by overcapacity and stable demand.

Co-operative Insurance boosts governance, eyes profit

It also appointed a new CEO early this year to boost efforts.

People's Insurance invests heavily in fixed-income

Its combined ratio also showed mid-year recovery.

Aviva-COFCO's solvency ratio drops to 240%

ROE averaged 9.7% from 2022 to H1 2024.

China tightens supervision in the insurance sector

Foreign institutions that meet eligibility criteria will be supported.

HDI Global integrates GenAI for international programmes

HDI is also providing ongoing training to expand its workforce skills in GenAI.

Delta International shows solid underwriting in APAC markets

AM Best said the insurer’s tech infrastructure boosted overall GWPs.

Which three Asian countries ranked riskiest in the world?

Singapore was the lowest-risk country in the region.

How much are SG’s expats paying for medical coverage?

The average annual hospitalisation coverage is US$99,034.

Allianz Ayudhya General maintains strong capitalisation post-merger

The merger is expected to drive premium growth over the medium term.

HKIA promotes captive insurance for overseas energy risks

MM Lee emphasised Hong Kong’s role as an int’l risk management hub.

Macau Insurance enhances combined ratio to 88.8% with investment gains

It has applied a 25% dividend payout ratio since 2023.

Ping An Health sees strong return on equity continuity

It reported capital and surplus (C&S) of $1.22b in 2023.