Insurance

MSIG Asia targets 15% CAGR in profit growth

MSIG Asia targets 15% CAGR in profit growth

The insurer also signalled that Asia-Pacific has the most growth potential.
2 days ago

ANZ firms boost cybersecurity budgets despite layoffs

Cost pressures have led 25% of organisations to reduce IT and security staff.
2 days ago

IRDAI reforms focus on modernising insurance oversight

The Regulatory Sandbox framework has also been updated.
2 days ago

Singapore's life insurers eye growth in 2025

The push for innovative healthcare solutions amid slow medical inflation is a challenge. 
2 days ago

Hong Kong insurance premiums surge 12.2% in 9M 2024

The period already shows signs of a rebound from the 1.1% fall in 2023.
4 days ago

Renewals in Vietnamese reinsurance varied: Gallagher Re

The market continued to depend on proportional treaties for capacity.
4 days ago

Crawford & Company appoints new loss director for Malaysia

His expertise spans handling losses valued between RM20m and RM100m. 
4 days ago

India's life insurance annual premium equivalent drops 2.3% in December

This was in contrast to the 13.6% YoY increase in December the previous year.
4 days ago

Australia’s life insurers top global data readiness

Worldwide, data readiness was the primary obstacle to maximising AI.
4 days ago

Chartered Insurance, Metis renew partnership to advance HK professionals

In 2024, Metis sponsored the Certified Insurance Professionals Induction Course.
4 days ago

Markel names new Casualty Claims manager for Australia

He was with Chubb for more than 12 years.
4 days ago

Sunshine Life's bancassurance channel fuels profitability

Fitch anticipates the group will continue to prioritise equity investments.
5 days ago

Reinsurers focus on cybersecurity, pandemic risks

Roland Berger said reinsurers must continuously refine pricing, underwriting, and claims.
5 days ago

IAG secures reinsurance for 2025 natural disasters

The programme offers coverage for two catastrophic events up to $6.2b.
5 days ago

Malaysia property risk programmes see reductions: Gallagher Re

Small flood event losses on the East Coast did not impact renewals.
5 days ago

Capital adequacy ratio of S. Korean insurers increased end-September ‘24

When transitional measures were excluded, the ratio stood at 202.7%.
5 days ago

Gallagher names new principal officer in India

He joined the company in late 2023.
5 days ago