Insurance

Malaysia orders insurers, takaful firms to review repricing strategies amidst concerns

Firms are asked to offer options to impacted policyholders.
21 hours ago

Malaysia orders insurers, takaful firms to review repricing strategies amidst concerns

Firms are asked to offer options to impacted policyholders.
21 hours ago

Nan Shan Life to maintain improved capital and earnings through 2026

Its product range is now comparable to major players in Taiwan’s life sector.
1 day ago

Cyberattacks cost Australian businesses $71,600 on average

74% of Australians identify data breaches as a major privacy risk.
2 days ago

Fidelidade Macau to retain earnings, strengthen capital

Fitch expects the risky-asset ratio to remain consistent.
2 days ago

NongHyup P&C Insurance benefits from NACF’s support

Its capital and surplus saw significant growth in 2023 due to IFRS 17 adoption.
2 days ago

Sun Life HK, HKMC partner to promote flexible retirement planning programmes

Hongkongers expect to retire at an average age of 66.
2 days ago

Delegated underwriting authority enterprises benefit from excess and surplus

Investments in technology and talent have further fueled the segment’s expansion.
2 days ago

China's personal insurance sector to grow 5% to 10% annually

Pension and health products are expected to account for 50% of the market by 2035.
2 days ago

GIC Re sees profit surge 24% YoY in H1 2024

Meanwhile, underwriting loss reduced to ₹2,376.95 crore.
2 days ago

Australian insurance market improves in H1 2024 amidst increased competition, choices

Post-pandemic business changes continued to impact the life insurance market's profitability.
2 days ago

ASEAN insurers struggle with quality, and accessibility in healthcare

Private health insurance was valued at approximately $7.5b in 2023.
2 days ago

Gov’t plan to reduce stake may shake Seoul Guarantee Insurance’s status

Fitch also forecasts a decline in underwriting profitability through 2024 due to rising claims.
2 days ago

Tune Protect sees Q3 profit surge 50.3% YoY, YTD loss

YTD insurance revenue contracted 12.3% YoY.
2 days ago

AIA China expands with new Zhejiang branch

The planned expansions may tap into an additional 100 million potential customers.
2 days ago

AIA Group appoints Fisher Zhang as new regional chief executive

He will oversee operations in China, South Korea, and Vietnam.
2 days ago

Aon to acquire Mitsubishi Chemical Group’s insurance agency

The insurance agency, part of Dia Rix, provides corporate and personal insurance.
2 days ago

AIA’s medical plan introduces first-in-market rewards system

The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.
3 days ago