insurance
Fitch expects rising profitability for Urtrust in near term
Fitch expects rising profitability for Urtrust in near term
Urtrust maintains a solid capital buffer to support its rapid premium growth.
Why are APAC retirees struggling with unexpected costs?
Over a fifth of respondents had not anticipated their retirement expenses.
Fathom unveils catastrophe model for flood risk
Flooding is responsible for $14b insured losses in 2023.
Sompo’s risk-adjusted capitalisation reaches peak levels
Despite exposure to equity risk, Sompo has sufficient capital to absorb loss.
Hong Kong’s insurance premiums return to pre-pandemic levels: Jefferies
HSBC and Hang Seng have shown unexpected growth in 2024.
Public insurers lag behind private in Indian market
Health and motor insurance were key growth drivers for private insurers.
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Majority of insurers develop own digital platforms
Insurers rather develop their own platform to maintain control over their ecosystems.
CEOs see 3-5 years for AI investment returns
Yet, also over half (57%) of organisations see AI as a vital tech.
APAC holds nearly a fifth of top insurers with 85.8% premium share
The data spans the years 2019 to 2023.
Australia leads APAC in cyber insurance uptake
Demand for cyber insurance in the region is growing at nearly 50% annually.
HK’s new capital regime to strengthen enterprise risk management
It is prompting (re)insurers to adjust their business and investment strategies.
Australia's general insurance premiums rise 5.7% in H1 2024
The number of intermediaries inched down 1.4%.
Insurance, bank deposits boost Malaysia's economy
The net financial assets per capita of Malaysians stood at EUR9,430, said Allianz.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
Credit insurance gains focus amidst liquidity crunch
Japan reduced its days receivable to 42 days, best in the region.
Prudential ups stake in Nigerian venture
This increases Prudential's ownership from the 51% stake it acquired in 2017.
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Industry experts push for the rapid progress of unified customer data as a starting point.
