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Insurers say India’s medical costs to climb 12.5% this year
Insurers say India’s medical costs to climb 12.5% this year
Indonesia's average claims loss ratio reached 105.7% in Q1 2024.
4 days ago
Asahi Life's core profit jumps 67.7% in H1 2024
Asahi Life's core profit jumps 67.7% in H1 2024
Asahi Life plans to enhance profits in protection-type products.
4 days ago
CTF Life secures exclusive insurance partnership with Kai Tak Sports Park
CTF Life secures exclusive insurance partnership with Kai Tak Sports Park
The insurer will help bring international events to Hong Kong.
4 days ago
Insurers see Hong Kong’s medical cost increase 9.8% in 2025
Insurers see Hong Kong’s medical cost increase 9.8% in 2025
Insurers in Hong Kong report a return to pre-pandemic levels of outpatient claims.
4 days ago
NRIC numbers invalid for key insurance transactions
NRIC numbers invalid for key insurance transactions
Reviews regarding the use of NRIC may result in changes to existing processes.
4 days ago
Nippon’s H1 2024 core profit surges 36% despite premiums decline
Nippon’s H1 2024 core profit surges 36% despite premiums decline
New annualised premiums for individual and annuity insurance fell by 1.8% YoY.
4 days ago
Muang Thai Life 9M 2024 net profit rises 7.3% despite lower premiums
Muang Thai Life 9M 2024 net profit rises 7.3% despite lower premiums
New business premiums dropped by 2.7% YoY.
4 days ago
Commercial insurance set to grow at 7.5% CAGR by 2032
Commercial insurance set to grow at 7.5% CAGR by 2032
Asia Pacific led the market with a share of over 23% in 2023.
4 days ago
QBE's gross written premiums rise 1.5% to $17.6b in 9M 2024
QBE's gross written premiums rise 1.5% to $17.6b in 9M 2024
Strategic portfolio exits have mitigated the impact of catastrophe losses.
4 days ago
SME insurance is seen to reach $417b through 2032
SME insurance is seen to reach $417b through 2032
Smaller organisations lack the resources and experience to form a separate risk department.
5 days ago
Professional indemnity claims rise by 6% in two years
Professional indemnity claims rise by 6% in two years
Marsh India said PI claims range from $20m to $100m.
5 days ago
Suncorp retains stable outlook amidst earnings diversity concerns: S&P
Suncorp retains stable outlook amidst earnings diversity concerns: S&P
It plans to return $2.5b in excess capital from the bank sale to shareholders in 2025.
5 days ago
2025 salary hikes expected in Singapore's insurance sector
2025 salary hikes expected in Singapore's insurance sector
Those in lower-value administrative functions may experience a more modest increase of 10%-15%.
5 days ago
Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025
Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025
Hong Kong is expected to maintain steady hiring activity in 2025 despite sluggish economy.
5 days ago
Canopius taps Olivia Brindle as head of sustainability
Canopius taps Olivia Brindle as head of sustainability
She will report to Lindsay Astor, chief of staff and head of strategy.
5 days ago
Exclusives
Insurance
Non-life insurers told to upgrade tech to drive growth
It could help the industry ride market trends and mitigate risks.
4 days ago
Insurance
Top 50 list shows recovery in Hong Kong’s insurance premiums
![Top 50 list shows recovery in Hong Kong’s insurance premiums]()
Only four segments in the top 10, all life insurers, posted growth in 2023.
6 days ago
Hong Kong needs more underwriters in marine insurance
![Hong Kong needs more underwriters in marine insurance]()
The city may have to ease immigration rules to attract talent.
Insurance
Top 50 list shows worsening dip in Singapore’s insurance premiums
![Top 50 list shows worsening dip in Singapore’s insurance premiums]()
The thriving nonlife business offset life insurance’s poor showing in 2023.
Insurance
Japanese insurers double down on tech to weather disaster risks
![Japanese insurers double down on tech to weather disaster risks]()
Industry players are relying on data analytics to improve risk management.
Insurance
Indonesian insurers told to walk the talk on tech: AXA CEO
![Indonesian insurers told to walk the talk on tech: AXA CEO]()
The industry must tap digital distribution channels to unlock growth, according to AXA.
Insurance
K-pop craze may spur demand for Income Insurance’s hourly travel cover
![K-pop craze may spur demand for Income Insurance’s hourly travel cover]()
The Singaporean insurer is targeting spontaneous travellers who love concerts.
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1. Top 50 list shows recovery in Hong Kong’s insurance premiums 2. 2025 salary hikes expected in Singapore's insurance sector 3. New India Assurance works to tighten underwriting, risk controls 4. NRIC numbers invalid for key insurance transactions 5. Munich Re eyes $6.3b net profit in 2025Awards
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