News
SMBs boost cyber insurance uptake amid rising threats
67% of ransomware attacks in Q4 2023 affected SMBs with less than 1,000 employees.
SMBs boost cyber insurance uptake amid rising threats
67% of ransomware attacks in Q4 2023 affected SMBs with less than 1,000 employees.
Reinsurers benefit from higher rates, restrictive policies
A slowdown in property reinsurance price hikes next year is still anticipated.
Tata AIA Life opens offshore branch at GIFT City
The products offered target non-resident Indians (NRIs).
SEADRIF Insurance taps Benedikt Signer for executive director role
He was previously with World Bank’s Disaster Risk Financing and Insurance Programme.
Reinsurers urged to discipline performance amidst casualty risks
Combined ratio forecasted to remain between 92% and 96% in 2024 to 2025.
China motor insurance market to rise 5.2% this year
New energy vehicles are gaining traction in China’s vehicle market.
Zurich, Indosat partner to synergise telecom and insurance offerings
100 million Indosat users will have access to Zurich’s products.
Nan Shan Life's investment strategy solid across currencies
S&P also expects the insurer to maintain its current investment risk exposure.
Tong Yang Life's profit prospects strong under new ownership
Woori FG is supported by Woori Bank, one of Korea’s domestic systemically important banks.
HSBC Life hits HK$24.7b in new business premiums
Annualised new premiums accounted for 19.7% of the market total.
China Re’s H1 2024 net earnings triples to $830m
EPS stood at RMB0.13.
Allianz becomes largest spending insurance brand in sports in 2024
The company has 52 sports sponsorship globally.
Sun Life’s new hire to oversee digital platform expansion
He was formerly with Prudential.
ILS market expands to $46b amidst rising reinsurance prices
Investors have reaped substantial benefits from wider risk margins.
Global reinsurers increase natural catastrophe exposure by 14%
In 2023, global insured losses from natural catastrophes reached $108b.
South Korea’s insurers bag $7b in earnings for H1 2024
This was equivalent to a 2.8% YoY rise.
Miller names new sports and entertainment head for APAC
Krishnan's previous roles include positions at the Singapore Sports Council and ESPN STAR Sports.
Thought Leadership Centre
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1. 8 in 10 consumers do not trust organisations to manage their datad 2. Will reinsurers see price increases in 2025? 3. China's financial assets hit $68t, insurance surge 15.7% YoY 4. Cambodian insurers see gross premiums inch up 1.92% in August 5. Reinsurance market slated for 6.5% annual growth until 2032Resource Center
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Are insurers ready for solar power's rapid growth?
![Are insurers ready for solar power's rapid growth?]()
Insurance
Solar PV systems are attracting over $500b in investments in 2024.
Solar PV systems are attracting over $500b in investments in 2024.
Commentary
Intelligent decisioning: The essential element of a modern, customer-centric insurance business
Going green carries its own environmental risks