insurance
Global risks could squeeze Asia Insurance's profits
Global risks could squeeze Asia Insurance's profits
Underwriting profits are expected to narrow over the next two years.
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
China's financial assets hit $68t, insurance surge 15.7% YoY
This is equivalent to $4.73t.
Why are few companies opting for AI-specific insurance?
Ransomware and phishing now worry 35% of executives.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
Primary insurers bear more risk in new reinsurance climate
NatCat losses in the first half of 2024 were driven by medium-sized events.
Sun Life accelerates client-centric transformation with data insights
Feedback and technology play key roles.
Income Insurance introduces new EV plan, ‘range anxiety’ coverage
The plan has optional coverage for private charging stations up to $3,880.90.
India eyes turnaround plan for public insurers
The upcoming Ind AS 117 is expected to recalibrate solvency ratios.
Filipino Muslims seek more Shari’ah-compliant options
Ethical values heavily influence decisions, with healthcare as top priority.
Insurance, pensions see 6.2% rise amidst market gains
Asia’s household financial assets grew by 7.5%.
Why Vietnam’s insurers are pivoting to foreign reinsurers for large policies
Local firms reinsured $246m domestic reinsurance premiums, $902m were transferred to foreigners.
Federal Court rules on IAG business interruption class action
The court expressed its intent to declass the representative proceeding.
APAC insurance stability bolstered by strong risk management
87% of the APAC rating units had stable outlooks at the end of 2023.
Why Australians are at risk of scams due to informal retirement advice
Older Australians were more likely to seek advice from formal sources.
Lower-income households bear brunt of insurance hikes
Whilst inflation is declining, insurance prices have risen sharply.
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Industry experts push for the rapid progress of unified customer data as a starting point.
