Insurance

Thailand focuses on industry transparency standards

In the past year, the association was able to achieve four missions.

Australia ‘needs’ more investments to underwrite future

The Actuaries Institute also advocates for equitable super changes.

Thousands of Chinese graduates to receive social insurance

These positions will have a two-year service period.

Vietnam reviews draft laws on social insurance, trade unions

The deputy chairman demanded explanations for unaddressed issues.

What lies ahead for airline insurance market in Q2 2024?

It is grappling with uncertainties surrounding leased aircraft claims originating from Russia.

Philippines receives over 13,000 claims from local planholders

More than 5,000 claims were personally filed by planholders.

Capital strain looms for Guoren P&C amidst delayed shareholder injections

It could impact the company's ability to withstand fluctuations in its equity base amidst a volatile capital market. 

Korean insurers face tax challenges amidst IFRS 17 adoption: Report

The sudden increase in reserves has triggered calls for regulatory adjustments.

Allianz Q1’24 profit sees 6.8% YoY jump

The growth was driven by its P&C segment.

Only 60% of financial firms have cyber risk plans

The survey also revealed the top 10 business risks institutions are facing.

Helia Insurance’s CAR will remain afloat for the next 2 years

Its monoline business and reliance on a single customer pose concentration risks

Everest Insurance establishes presence in APAC

It opened its first office in Australia.

Is ‘Londonisation’ good for Asia’s M&A insurance market?

Industry experts dissect the region’s low usage rates for M&A insurance despite more industry players entering the field.

Improvement in underwriting bolsters Taiwan Life's outlook

Earnings may remain volatile due to the high proportion of interest-sensitive products. 

Rising claims spark fears amongst New Zealand home buyers

CEO urges insurers to ensure insurance accessibility.

IRDAI sets rural coverage mandates for insurers

Coverage providers must offer a minimum level of protection in villages.