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