insurance
Lloyd's faces volatility from catastrophe, long-tail risks
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Zhibao expands homeowners' insurance to Nanjing
The product is backed by six insurers.
CALI supports ban on genetic data in insurance
The 5-year review will allow the law to adapt to genetic testing.
Poultry insurance sees growth from diet changes
High costs, especially for large-scale operations, still pose a challenge.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
Kyobo Life reports $6b gross premiums in H1 2024
However, investment profits dropped 41.4% QoQ.
Cosmetology liability insurance market to grow by 5%
The cosmetics and beauty industry has also noted a rise in employment.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
Co-operative Insurance boosts governance, eyes profit
It also appointed a new CEO early this year to boost efforts.
People's Insurance invests heavily in fixed-income
Its combined ratio also showed mid-year recovery.
Aviva-COFCO's solvency ratio drops to 240%
ROE averaged 9.7% from 2022 to H1 2024.
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.
Continental Insurance’s health segment better than peers despite pressures
The segment contributed 32% of total GWP last year.
DPL Insurance to maintain moderate growth, prudent earnings
For fiscal year 2024, its ROE was at 14.3%.
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