Insurance
Prudential expected to maintain strong market position, low financial leverage
Prudential expected to maintain strong market position, low financial leverage
Prudential's capital and earnings are deemed very strong, S&P Global Ratings said.
India's health insurance market to surpass US
The sector has the potential to grow 18% to 20% in the next two decades.
Working Indian women lead in life insurance ownership
The financial security of urban Indian women have gone up to 62% in 2024 from 57% in 2019.
Claims soar to 19,932 after Victoria thunderstorm – ICA
About 85% of the claims are related to home and contents damage.
Regulatory change boosts capital options for Taiwanese insurers
The move can potentially reduce the cost of capital and broaden their investor base.
New equity requirements to foster competition in Indonesia's takaful sector
Fitch Ratings forecasts a growth rate of 5% to 10% for 2024.
Commercial property insurance to see 10.4% CAGR by 2028
Persistent economic climate significantly influences insurers' underwriting practices and pricing strategies.
SIAS calls for governance clarity from Great Eastern Holdings
SIAS urges the insurer’s board to consider and address shareholders' requests proactively.
Kairos names Jeffrey Khoo as CEO
Albert Lim was recently appointed as Kairos' Managing Director for Southeast Asia
Retailers warned of insurance roadblocks amidst increasing business risks
Despite impending risks, retailers are optimistic about new technologies and solutions.
ICA backs standardised definitions for natural hazards in insurance policies
Standardised definitions entail all insurers use the same definition for a specific event in their policies.
Crawford announces new Hong Kong manager
He currently manages the Taiwan unit of Crawford & Co.
Beazley's 2023 profit more than doubles to $1.25b 2023
Earnings per share finished at 154.7 US cents.
Interest in GBA retirement high, yet insurance needs underscored
An AIA Hong Kong survey showed nearly 40% of the respondents want to retire in GBA cities.
Generali, UNDP collaborate to boost SME strength against climate and other risks
The partnership is aimed to reduce the protection gap for vulnerable communities by providing access to insurance solutions.
Asia’s insurance and banking titans pledge climate action
Insurance and banking leaders join forces to tackle climate change, emphasising the need for sustainable investments and inclusive transition...
Sompo appoints new chief risk officer and Japan head of reinsurance
Koji Takahashi will be succeeding Emiko Maki.
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