News

S'pore insurers see flat pricing in Q2 2024

Thanks to new market entrants amidst mixed trends.

Hong Kong insurance market remains ‘soft’ in Q2 2024

Overall pricing remains competitive as new businesses emerge. 

Shin Kong Life sees solvency boost from parent company’s aid

Fitch expects SKL’s solvency position to stabilise further with an additional $0.43b.

Australian pension funds turn to catastrophe bonds for higher returns

Australia’s pensions industry brings over A$2b inflows weekly.

Nexus names new deputy head for A&H reinsurance

Her role will involve increasing the regional broker network.

Prudential’s joint venture gains attention after Q2 report

The Q2 2024 solvency report, though brief, reveals some concerning trends.

Munich Re’s net profit soars 40.6% YoY in Q2 2024

The company hopes to reach $5.5b by the end of the year.

Beazley’s H1 2024 profit jumps two-fold

Earnings per share stood at 68.7 pence.

Central Re’s finances bolstered by prudent investments and retrocession

AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.

HKMCI introduces flexible rental options for homeowners

This aims to help homeowners with their needs.

QBE doubles net profits to $802m in H1 2024

Its gross written premium increased by 2%.

Cambodia’s gross premiums dip 0.85% YoY in June

The life insurance market’s contraction was offset by its general insurance.

Indonesian insurers' assets hit IDR1,126.26t, up 1.14%

Both its life and general insurance segments grew YoY.