Insurance
South Korean insurers adapt to new regulations
South Korean insurers adapt to new regulations
Regulatory changes prompt tax benefits to rise and the government to support overseas expansion.
KDB Life grapples with high leverage, Fitch reports
The insurer’s CSM increased in 2023, reflecting a focus on profitable policies.
Elevated risk environment prompts challenges for reserve management
Aggressive inflation has complicated loss predictions and could underestimate severity.
Gov’t streamlines China’s medical insurance reimbursement system
One of the payment methods will offer a QR code option.
TREIF estimates $23.5m in losses from more than 450 claims
Guy Carpenter notes that the full extent of the quake’s impact on the industry is yet to be determined.
Aon appoints new CEO for Reinsurance Solutions in India
Shailendra Sapra will be based in Mumbai.
25% of employers to enhance insurance coverage in the next two years
More than half of companies are already offering health and wellbeing benefits.
Management addresses market demands at Jefferies call
Debt leverage remains within substantial headroom.
S. Korean insurers see income surge 46% YoY in FY’23
Total premium income was down 6.0% year-on-year.
Taiwan appoints Peng as FSC chair to enhance financial hub
Peng Jing-Jung is also an associate dean of the College of Commerce at National Chengchi University.
Vietnam's insurance premium revenue dips 4.3% in Q1
The decrease rate has slowed compared to previous quarters.
BNP Paribas to acquire Fosun’s 9% stake in Ageas for $774m
The acquisition will be done in two tranches.
Nippon Life establishes new subsidiary in Mumbai
Nippon Life has been operating in India through life insurance and asset management businesses.
Joseph Chan touts Hong Kong as top ILS issuance centre
The insurance authority hosted its first ILS conference last week.
Financial firms lead LinkedIn’s top companies in Singapore
LinkedIn unveils companies list where professionals advance the most.
Japan's life insurers shift focus to domestic bonds: Report
In recent years, high hedging costs have kept insurers from investing in foreign debt.
Life CCC urges stronger remediation efforts in insurance
Top causes of beaches root from human-related incidents.
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Industry experts push for the rapid progress of unified customer data as a starting point.
