News
Life Insurance Corporation of India eyes ~3% growth in new business margin
Life Insurance Corporation of India eyes ~3% growth in new business margin
It also announced plans to acquire a majority stake in standalone health insurance.
Hannover Re’s net income climbs 21% YoY in H1 2024
Earnings per share stood at $10.59.
Nearly half of Hong Kong workers report mental strain, desire to leave
41% are planning to work from home to avoid workplace interactions.
Fukoku Life's solvency ratio expected to reach 300%
Positive investment spread will continue to widen over the next 3-5 years.
Hollard Australia’s capital remains solid until 2026
It will also benefit from its acquisition of Commonwealth Insurance.
Japan's top insurers see mixed Q1 results amidst NatCat impacts
Jefferies warns to watch for potential natural catastrophes in Q2 2024.
Meritz Fire & Marine Insurance eyes MG Non-Life Insurance
Three entities are now bidding to acquire the non-life insurer.
Chubb makes chief appointments in finance team
Their roles are effective 4 September.
Sun Life Asia's Q2 2024 net income surges 24% YoY
The group’s EPS stood at $1.11.
Zurich Malaysia introduces first market complementary motorcycle warranty
It also includes breakdown towing service of up to 60 km.
SG's life insurance total weighted new business premiums surge 27% YoY in H1'24
Employment in the market was stable, a slight decrease of 0.5% versus last year.
Malayan adjusts portfolio to lower investment risks
The insurer is seen to have a five-year average ROE ratio of 3.8%.
Insurance market to hit $44.8b by 2032
APAC is the fastest-growing market for insurance analytics.
Japanese insurers tighten underwriting amidst Q2 market challenges
This called for a careful evaluation of risk retention and risk transfer strategies, Aon said.
Sompo Holdings net income expands in Q1 2024
Net income per share stood at $0.83.
Dai-ichi Life’s Q1 2024 profit soars 41.1% YoY
Revenues inched up 0.52% YoY.
Generali’s net result dips 9% YoY in H1 2024
Adjusted earnings per share stood at €1.31.