General insurance

APAC to lead global EV insurance market in the next five years

The global EV insurance market is seen to skyrocket by 40.3% in CAGR.

Japanese non-life overseas operations seen to temper domestic underwriting

The country’s big three non-life players saw their profits surge in FYE24.

Australian insurers remain resilient despite lower premium hikes: S&P

79% of rated Australian insurers have stable rating outlooks.

Vietnam’s non-life insurers show mixed results in Q1: Report

The market is projected to reach VND79.7t this year.

QBE underwriting reforms show promise: S&P Global

QBE to maintain capital redundancy at or above the 99.95% stress level.

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

Taiwan insurers rebound to $4.76b in profits for April

It was a far cry from the $270m loss in 2023.

Philippines insurance sector witnesses surge in premiums

Both its life and non-life sectors climbed 12.0% and 6.98%, respectively.

Indonesia to consider mandatory TPL insurance

This move is driven by the increasing number of accidents on the road.

India’s private insurers outperform with tech edge

The market share of the top 10 insurers fell to 71.2% last year.

Thailand focuses on industry transparency standards

In the past year, the association was able to achieve four missions.

South Korea's capital adequacy rises to 232.2%

This was an increase of 8.1 percentage points from three months prior.

Hong Kong general insurance GWP to reach $10.9b by 2028

Rising consumer prices can affect the industry’s profitability in the short-term.

NZ general insurance GWP to grow 7.3% annually

The industry is seen to climb 8.3% in 2024.