In Focus
FWD Insurance Indonesia provides customer-friendly flagship product
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.
Non-life insurance premiums in India up 14.8% in June
The sector is expected to grow by 13% to 15%.
Zurich Malaysia aims for positive sustainable impact with refreshed ESG framework
Insurer’s 2023-2025 framework hopes to foster sustainability.
Philippines’ general insurance sector to grow 11.6% in premiums: GlobalData
This is equivalent to P211.5b ($3.7b) gross written premiums.
Profitability of Japanese non-life insurance to recover in 2024
It is anticipated that Japanese non-life insurance groups will uphold robust capital adequacy.
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.
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.
Government weakness heightens Sri Lankan insurers' risks: Fitch
Earnings are expected to be under pressure, and costs are higher due to currency devaluation.
Profitability of Japanese life insurers to rebound: Fitch
Insurers will see resurgence of overall profitability by 2024.
APAC insurers can weather equity markets' decline: S&P
This assessment took into account the forecasted one-year earnings and lower capital charges.
India’s life insurance premiums down in April
The industry’s performance was dragged by the state-owned Life Insurance Corporation of India.
China Non-Life Insurance stable in Q1: Fitch Ratings
Aggregate comprehensive solvency ratio of the Chinese non-life insurance sector remained high at 238%.
First quarter new funding for InsurTech surge 37.6%: Gallagher Re
This signals the industry may return to pre-COVID-19 levels in 2023.
2023 a mixed bag for Asian insurers: S&P
S&P also warns Asia insurers to be cautious of the effects of geopolitical risks
Asia’s economic loss due to natural catastrophes reached $5.39b: Gallagher Re
This was 7% of the estimated total economic loss of US$77b, globally.
InsuranceDekho building one-stop-shop to solve India’s fragmented insurance ecosystem
The insurtech firm secured $150m in Series A funding round
Protection gap in Southeast Asia a massive opportunity for insurers: S&P
Insurers can help insure the bottom 40% income group or address vulnerabilities to natural disasters.
Commentary
Navigating risk strategies for decommissioning traditional power plants