insurance
Sompo China secures strong solvency amid dividends
Sompo China secures strong solvency amid dividends
In 2024, it paid $8.6m in dividends, representing 80% of its 2023 earnings.
WTW’s net income surges 48% YoY in Q2 2024
Its revenue increased by 5% YoY to $2.3b.
Blue to partner with over 100 brokers in 2 years through new channel
The first product available is the 25-year participating life insurance plan.
Bigmotor scandal exposes thousands of fraudulent claims
About 30% of claims investigated in the past 5-8 years were fraudulent.
Fitch sees progress in China's insurance regulations
The industry has begun to embrace the IFRS 17 standards.
How modular construction and project cargo insurance are connected
The modular construction market size is estimated at $64b in 2024.
Asian insurance rates suffer in Q2 amidst rising competition
All lines of business witnessed declines during the period.
United Overseas Insurance Profits Rise 14.9% YoY in H1 2024
Thanks to a surge in its dividend income on a year-on-year basis.
Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise
It will still participate in national insurance programmes with the CPF Board.
Generali Thailand commits to sustainability with new HQ
This move includes both its life and general insurance arms.
AIA Singapore gifts 6-month free coverage for national day
It plans to provide six months of complimentary insurance coverage.
Allianz Partners Expands SIA Insurance Offer in Australia
Passengers can purchase insurance during the booking process.
HSBC appoints new CEO for life insurance arm
She has over two decades of experience with HSBC.
FSA commands Sompo and other insurers to report info leaks
The insurer revealed that employees had leaked client information.
FTLife rebrands as Chow Tai Fook Life Insurance
It also unveiled a new membership programme.
Global insurers see 6.2% growth in average premiums
China Life Insurance topped its regional peers and was in 5th place globally.
Moody’s advises on cyber policy clarity post-CrowdStrike event
The extent and terms of coverage within individual policies will vary.
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Industry experts push for the rapid progress of unified customer data as a starting point.
