insurance
How much are SG’s expats paying for medical coverage?
How much are SG’s expats paying for medical coverage?
The average annual hospitalisation coverage is US$99,034.
Macau Insurance enhances combined ratio to 88.8% with investment gains
It has applied a 25% dividend payout ratio since 2023.
Aon's new framework to enhance insurer profitability
It focuses on uniting capital and portfolio strategies ahead of January 2025.
AXA expected to sustain strong financial performance in next 12 months
AXA's capital strength remains solid, with a Solvency II ratio of 227%.
DB Insurance’s capital to remain resilient amidst hostile environment
Its operating performance is supported by its underwriting performance.
India gov’t to sell 6.8% stake in General Insurance Corp
The stake will be sold at a floor price of INR395 per share.
Rate hikes likely to boost Tokio Marine & Nichido Fire’s domestic non-life growth
The insurer has maintained a solid return on equity of 7.4% from 2019 to 2023.
Income Insurance launches first hourly travel coverage
The product replaces the previous version, which was limited to Bintan, Batam, and Malaysia.
China's insurance reforms aim to support smaller insurers
However, larger insurers continue to dominate the market.
Cathay Insurance benefits from diversified investments, strong liquidity
Its consolidated adjusted capital and surplus grew by 16% end-2023.
Construction insurance sector set for growth with energy, utility projects
Energy and infrastructure projects are expected to climb 7.8% and 5.1%, accordingly.
Insurers adapt to serve Hong Kong, Singapore family offices
UHNW and HNW families are expected to reach $5.8t in wealth by 2030.
IRDAI sets 30-day free-look period for policies
Insurers are required to provide a tool on their websites for verifying authorised distribution channels.
Pru Life UK launches fund with access to global tech giants
The fund will allow investors to participate in dollar-denominated equity assets.
Complex insurance processes alienate tech-savvy users
About a third of Asian travellers purchase insurance only days before a trip.
Regulator pushes for mergers in Indonesia amidst premium stagnation
Insurance penetration in Indonesia has declined to 2.64% in 2023.
ICA unveils roadmap to temper skills and talent shortage in insurance sector
Nine in 10 insurance employers struggled to find skilled staff last year.
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Industry experts push for the rapid progress of unified customer data as a starting point.
