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Japan's P&C insurers can manage losses from Kyushu floods: analysis
Japan's P&C insurers can manage losses from Kyushu floods: analysis
Large industrial zones were not affected, which would limit potential losses.
Indonesia mulls closing state life insurer Asuransi Jiwasraya
Policies will be restructured and then turned over to a new company.
One-third of New Zealand's SMEs mull insurance changes
One in five is looking to increase its cover.
Malaysia's insurance sector sees quick recovery until 2030
The sector dodges contraction with a measly 0.9% premium growth this year.
FWD acquires MetLife Hong Kong
The company will rebrand and rename MetLife in the next few months.
India urges insurers to offer COVID-specific health policies
A lump sum benefit equal to 100% of the sum insured shall be payable.
South Korean insurers faced financial decay in Q1
Risk-based capital ratio declined 2.4pp to 267.2% in March.
Lower claims cushion Australian P&C insurers from market volatility
Effective policymaking has also protected the segment from external shocks.
Taiwan's general insurance sector to contract 1.7%
The sector is plagued by export and motor business downfalls.
China's insurance regulator extends preferential treatment to Hong Kong
The China Risk Oriented Solvency System has been extended until 30 June 2021.
Philippines issues rules on insurtechs' adoption of regulatory sandbox
All entities must gain the approval from the regulator.
Japan's P&C insurers ‘not defensive' despite underwriting losses
Prices are still being tempered to secure profits.
China allows AIA to convert Shanghai branch into subsidiary
It is now the first foreign-owned life insurance subsidiary in the mainland.
FWD to invest in Indonesia's BRI Life
Existing BRI Life customers will not be affected by the investment.
Japan life insurance sector to shrink 1%
The segment is now poised to rise at a 0.9% CAGR from 2019 to 2023.
Premium downfalls still plague India's general insurers
Gross direct premiums fell 9.8% in May.
India's general insurance sector to decelerate 4% in 2020
Sector growth has been adjusted at a CAGR of 6.2%.
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