News

Swiss Re posts $1.1b net income in Q1’24

Insurance revenue reached $11.5b.
2 days ago

Swiss Re posts $1.1b net income in Q1’24

Insurance revenue reached $11.5b.
2 days ago

Claims management key to insurance profitability – KPMG

Traditional claims functions must now evolve to incorporate advanced technologies.
2 days ago

Australia’s disability insurance programme to receive more gov’t support

The government is investing an additional AU$227.6m.
2 days ago

MS Reinsurance boosts board of directors with new appointments

Fukuda and Ellenbürger’s roles are effective 24 April.
2 days ago

India’s private insurers outperform with tech edge

The market share of the top 10 insurers fell to 71.2% last year.
2 days ago

Thailand focuses on industry transparency standards

In the past year, the association was able to achieve four missions.
2 days ago

Australia ‘needs’ more investments to underwrite future

The Actuaries Institute also advocates for equitable super changes.
2 days ago

Thousands of Chinese graduates to receive social insurance

These positions will have a two-year service period.
2 days ago

Vietnam reviews draft laws on social insurance, trade unions

The deputy chairman demanded explanations for unaddressed issues.
2 days ago

What lies ahead for airline insurance market in Q2 2024?

It is grappling with uncertainties surrounding leased aircraft claims originating from Russia.
3 days ago

Philippines receives over 13,000 claims from local planholders

More than 5,000 claims were personally filed by planholders.
3 days ago

Capital strain looms for Guoren P&C amidst delayed shareholder injections

It could impact the company's ability to withstand fluctuations in its equity base amidst a volatile capital market. 
3 days ago

Korean insurers face tax challenges amidst IFRS 17 adoption: Report

The sudden increase in reserves has triggered calls for regulatory adjustments.
3 days ago

Allianz Q1’24 profit sees 6.8% YoY jump

The growth was driven by its P&C segment.
3 days ago

Only 60% of financial firms have cyber risk plans

The survey also revealed the top 10 business risks institutions are facing.
3 days ago

Helia Insurance’s CAR will remain afloat for the next 2 years

Its monoline business and reliance on a single customer pose concentration risks
3 days ago

Everest Insurance establishes presence in APAC

It opened its first office in Australia.
3 days ago