News

China tightens supervision in the insurance sector

Foreign institutions that meet eligibility criteria will be supported.

China tightens supervision in the insurance sector

Foreign institutions that meet eligibility criteria will be supported.

HDI Global integrates GenAI for international programmes

HDI is also providing ongoing training to expand its workforce skills in GenAI.

Delta International shows solid underwriting in APAC markets

AM Best said the insurer’s tech infrastructure boosted overall GWPs.

Which three Asian countries ranked riskiest in the world?

Singapore was the lowest-risk country in the region.

How much are SG’s expats paying for medical coverage?

The average annual hospitalisation coverage is US$99,034.

Allianz Ayudhya General maintains strong capitalisation post-merger

The merger is expected to drive premium growth over the medium term.

HKIA promotes captive insurance for overseas energy risks

MM Lee emphasised Hong Kong’s role as an int’l risk management hub.

Macau Insurance enhances combined ratio to 88.8% with investment gains

It has applied a 25% dividend payout ratio since 2023.

Ping An Health sees strong return on equity continuity

It reported capital and surplus (C&S) of $1.22b in 2023.

Swiss Re forecasts higher demand for reinsurance

Demand for property and specialty reinsurance is rising due to higher property values.

APAC reinsurers see combined ratio improve to 91.6%

Many are also expanding internationally to boost profitability.

S&P warns of strained profitability for insurers due to climate events

Last year was the fourth straight year insured losses surpassed $100b globally.

Tokio Marine Kiln enhances APAC team with new underwriter

She brings over 20 years of marine insurance experience.

Contractor errors and defects fuel offshore wind project losses

This accounted for over 60% of insurance claims in 2022.