Insurance
Japanese insurers see profit surge in H1 2024, investment gains
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Great Eastern, AmMetLife cancel acquisition plan
The plan was initially signed in 2023.
Shriram General Insurance unveils Shri Health Suraksha Plan
The policy covers hospitalisation expenses such as room charges.
Cambodia’s December gross premiums increase by 9.4% YoY
This was larger than the previous month’s $25.6m.
FDI cap for Indian insurers rise to 100%: Finance minister
The increased limit will apply only to companies that invest the entire premium within India.
HDFC Life, SATYA MicroCapital to boost life insurance in rural areas
The venture aids SATYA MicroCapital’s mission to help women entrepreneurs.
Thai Setakij partners Thai Ticket Major for embedded ticket insurance
The collaboration offers consumers added security when buying tickets online.
Aon reports 45% earnings boost in Q4 2024
Basic earnings per share (EPS) during the quarter was $3.31.
Insurance sector to aid in New Zealand climate policy development
The CE said a large portion of NZ-ers live in high-risk areas.
India Post Payments Bank, PNB MetLife India Insurance ink bancassurance deal
The collaboration will leverage IPPB’s network of 650 banking outlets.
Marsh McLennan bags $4.1b for FY 2024
It’s full-year revenue increased by 8% YoY to $24.5b.
South Korea's insurance industry to hit $191.2b by 2029
This year, the industry is expected to grow by 2.2%.
Philippine Crop Insurance to disburse farmer payments via GCash
Farmers no longer required to visit PCIC offices.
Southsure Assurance profitability tied to revenue control: Fitch Ratings
Limited presence and exposure to possible regulatory intervention challenge its profile.
Travel credit insurance CAGR to exceed 10% through 2032
The region was noted as an emerging market in this industry.
AIA’s value of new business slated for 23% growth for Q4 2024
But challenges in Malaysia and Thailand could weigh on performance.
Insurance Development Forum appoints new chair of operating committee
He succeeds Rowan Douglas, CEO of Climate Risk & Resilience at Howden.
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