In Focus

Global M&A landslides in H1 2023, APAC falls 9%

Insurer M&A downfall will not stay long, the firm said.

In Focus

Global M&A landslides in H1 2023, APAC falls 9%

Insurer M&A downfall will not stay long, the firm said.

In Focus

InsurTech funding down 34% in Q2: Gallagher Re

Seven APAC markets were included in the report, which received an estimated $359m in funding.

In Focus

Asia’s insurance pricing ‘flat’, cyber coverage demand rise in Q2

Globally, insurance pricing went up 3%.

In Focus

Tune Protect leads the way in cloud-powered insurance services

Tune Protect’s Prasanta Roy tackles digitalisation and overcoming regulatory challenges for efficient, scalable, and secure services at 2023 Insurance Asia Forum.

Event News

Philippine non-life insurance outlook turns sour: AM Best

The negative outlook was attributed to the heightened negative pressure on the balance sheet and operating performance of counterparts.

In Focus

Less than half of global losses due to calamities insured

There were indications of a shift toward an El Niño-like pattern in Asia.

In Focus

FWD Insurance Indonesia provides customer-friendly flagship product

Through innovative approaches, this insurance company achieved a net premium of IDR1.88t (US$124.7m) in 2022.

Exclusive

Non-life insurance premiums in India up 14.8% in June

The sector is expected to grow by 13% to 15%.

In Focus

Zurich Malaysia aims for positive sustainable impact with refreshed ESG framework

Insurer’s 2023-2025 framework hopes to foster sustainability.

Event News

Philippines’ general insurance sector to grow 11.6% in premiums: GlobalData

This is equivalent to P211.5b ($3.7b) gross written premiums.

In Focus

Profitability of Japanese non-life insurance to recover in 2024

It is anticipated that Japanese non-life insurance groups will uphold robust capital adequacy.

In Focus

Hong Kong life insurance market to improve in two years: S&P

The life segment is predicted to jump by 20% o 25% in 2023.

In Focus

The future of Asian insurance: sustainable, digital, generation “Z”

Insurance leaders and experts shared the common denominators that insurers are struggling with along with the future of the industry and who it is for.

Event News

Government weakness heightens Sri Lankan insurers' risks: Fitch

Earnings are expected to be under pressure, and costs are higher due to currency devaluation.

In Focus

Profitability of Japanese life insurers to rebound: Fitch

Insurers will see resurgence of overall profitability by 2024.

In Focus

APAC insurers can weather equity markets' decline: S&P

This assessment took into account the forecasted one-year earnings and lower capital charges.

In Focus

India’s life insurance premiums down in April

The industry’s performance was dragged by the state-owned Life Insurance Corporation of India.

In Focus