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Zurich APAC’s GWP jumps 9% YoY, group profit surges 21% YoY
Zurich APAC’s GWP jumps 9% YoY, group profit surges 21% YoY
Its life business in the region saw double-digit growth.
Japan’s big-four insurers to raise fire insurance premiums 15%
The decision comes in the wake of failing profitability in the fire insurance market.
How bancassurance can overcome data sharing challenges
A varied regulatory environment remains a consistent challenge for data sharing.
VSS adopts chip-based ID cards for health insurance consultations
Thanks to cashless insurance payments, beneficiaries' payments climbed 10%.
AXA net income climbs 6% YoY in H1 2024
Thanks to higher underlying earnings and net realised capital gains.
Guy Carpenter estimates CrowdStrike outage loss ~$1b
A malicious attack on a widely used operating system could birth $2b in losses.
Manulife Asia’s profit quadruples, Hong Kong segment doubles core earnings
The group’s NBV margin improved by 3.4 percentage points.
Global insured NatCat losses hit $60b in H1 2024
The US alone experienced 12 severe storms in H1.
DUAL expands portfolio with W&I insurance offering
It will be led by Jordan Schwarz.
No lifetime cap on Bupa’s latest medical insurance plans
It has annual benefit limits ranging from HK$5m to HK$10m.
RLA sustains low financial leverage, aided by Aus-NZ operations
RLA's underlying earnings remained profitable.
China P&I's investment in CMBC dominates asset portfolio
The past five years saw an average return on equity of 5.3%.
China encourages continuous medical insurance participation
Policyholders of 4-straight years are eligible for an annual increase of ~$140.
Vietnam's digital push aids 70% of social insurance payouts
VSS also achieved non-cash payments for 3.4m beneficiaries.
Tesla sets up brokerage to offer insurance in China
The newly established company has a capital of $6.92m.
Talcott Financial enters reinsurance deal in Japan
It also expanded its APAC presence with a new appointment.
Ping An ranks 53rd in the Fortune 500 list 2024
Marking their 15th consecutive year on the list.
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Industry experts push for the rapid progress of unified customer data as a starting point.
