News
Australia’s insurance Industry expands in January to March
Australia’s insurance Industry expands in January to March
Both the life and general insurance segment witnessed surges in profit.
Future Generali India welcomes new chief risk officer
He brings over two decades of experience.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
IAG’s net profit rises 7.9% in FY 2024
It ended with a final dividend of 17.0 Australian cents per share for the year.
Marsh's $50m facility to tackle growing port issues
The facility is backed by insurers from Lloyd’s of London and the London market.
Only a third of Singaporeans have critical illness coverage
A quarter of Gen Zs did not meet MAS’ financial planning guidelines.
Agricultural insurance in China shows muted growth
It grew by 6% YoY.
Aashi Life’s net profit jumps over threefold YoY in Q1 2024
This was equivalent to $20m in earnings.
Hong Kong insurance complaints drop 10.6% in 2023
H1 2024 also recorded an 11.9% reduction in complaints.
Thailand's life insurance industry slated for CAGR of 4.4% by 2028
In 2023 the sector grew by 3.7%.
Igloo, TrueMoney team up to offer health insurance in Thailand
It also includes critical illness coverage.
Australia’s annual weather-related insurance costs more than double
Insured losses increased to 0.7% of the GDP.
Sumitomo Life net income climbs to $148m in Q1 2024
Gross premiums also surged 31.7% YoY.
Southeast Asia’s insurtech sector hits $2.4b in 2023
It was mainly driven by Singlife’s merger with Aviva Singapore.
How the surge in medical malpractice claims in Singapore affects insurance premiums
Recent legal developments indicate a potential rise in malpractice claims, which may lead to increased insurance premiums for doctors.
B2B spending drives Indonesia's insurance sector in 2023
Indonesia's industry turnover reached $17.2b.
HDI Global’s net financial result rises to $76m in H1 2024
Thanks to higher investment volumes and increased interest income.