Insurance

New reinsurance guidelines spotlight Indian insurers' capital management

The IRDAI is actively considering introducing collaterals within the Indian insurance industry.
7 hours ago

New reinsurance guidelines spotlight Indian insurers' capital management

The IRDAI is actively considering introducing collaterals within the Indian insurance industry.
7 hours ago

Australian employers to boost 2024 salaries by 4.0%; insurance sector trails: WTW

Inflationary pressures and concerns over a tight labour market continue to be catalysts.
8 hours ago

Zurich Group's BOP jumps 21% YoY, APAC business soars

The APAC business also announced a partnership with India-based Kotak Mahindra Bank.
9 hours ago

IRDAI modifies master circular on unclaimed amounts of policyholders

The IRDAI reminded insurers to make better efforts in terms of payment of dues.
1 day ago

S&P Global Ratings forecasts earnings surge to $3.6b in 2024 for Swiss Re 

Its life and health reinsurance segment is projected to reach $1.5b in profits.
1 day ago

Regulatory shake-up threatens Vietnam’s bancassurance sales

Bancassurance activities will face stricter management, under the amended Law on Credit Institutions.
1 day ago

AXA XL Reinsurance CEO ‘bullish’ for 2024

The CEO said a shift towards a more balanced relationship between insurers and reinsurers, with a clearer division of labour, in terms of the renewal...
1 day ago

IFRS 17, K-ICS weakens average solvency ratio

The adoption of K-ICS drove operational strategies of Korean insurers to focus on expanding sales of protection-type products with high profitability...
1 day ago

IAG New Zealand’s first-half GWP leaps nearly a quarter from last year

The NZ business has processed more than 52,000 claims from the increasing risks and extreme weather events in 2023.
1 day ago

Over two-thirds of New Zealanders fret over house insurance costs

Consumer NZ urges New Zealanders to review their current level of cover and shop around.
1 day ago

HK insurance firms willing to invest in tech attract candidates in the sector

Insurers in Hong Kong earn HK$18,000 to HK$200,000, depending on the applicable department and job role or level.
1 day ago

Singlife ramps up interest rates of flagship digital savings plan

Half of Singaporeans find it hard to meet conditions for maximum interest rates on savings accounts. 
1 day ago

United Overseas Insurance profits surge 55% YoY FY’23

Earnings per share during the year was 47.85 Singaporean cents.
2 days ago

HKIA warns of risks in premiums financing, “double-edged sword”

The authority urges insurers to seek professional advice before premium financing.
2 days ago

NorthStandard sees rise in premium earnings since merger

Its gross tonnage (GT) rose to 256 million as of 20 February.
2 days ago

Transamerica Life Bermuda unveils improved HNW plan

It also offers a variety of index account options, including a focus index account tracking major indices' performance,
2 days ago

IAG's GWP surges 12.5% 1H’24

Profits from its insurance business accumulated $403.3m (AU$614m).
2 days ago