Insurance
Hong Kong’s job-hopping insurance workers may see bigger pay
Hong Kong’s job-hopping insurance workers may see bigger pay
They should expect a salary hike of as much as 15%.
Insurance business analysts rank 4th in Hong Kong jobs
Nearly half of organisations faced moderate to extreme skill shortages.
IAIS sets 2025 to 2026 goals with four core objectives
Post-adoption of ICS in late 2024, the IAS is shifting to implementation.
Insurance brokers eye stable growth in 2025: S&P Global Ratings
Non-brokers will face more variable performance but likely to withstand headwinds.
Cyber ILS market taps $750m for expanding insurance
Cyber insurance market is expected to more than double in size over the next decade.
Taiping Reinsurance financials not affected by LA fires: Fitch Ratings
It also reduced its US business in recent years to limit catastrophe exposure.
Mobile phone insurance market slated for 12.8% annual growth
The market is forecasted to bag $39.29b in 2024.
Nippon Life maintains stability with strong capitalisation
Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.
Reinsurers to meet cost of capital through 2025: S&P Global Ratings
Favourable reinsurance pricing continues to support profitability.
Singlife GCEO addresses declining CEO confidence trend
Economic volatility, technology risks, and workforce challenges weigh on industry leaders.
Chinese consumers most receptive to AI-driven premiums
Australians were the least receptive.
MS Amlin boosts Phoenix Re Capacity to $9m for APAC reinsurance
This marks a 12.5% from 2024.
Canara HSBC introduces real-time sales task management
The platform helps sales teams plan, execute, and monitor activities.
India's non-life insurers premiums surges 13% in FY 23-24
Health insurance remained the largest segment with a 40.29% share.
Cybersecurity insurance poised for 20.5% CAGR by 2032
The market was also valued at $16.4b in 2023.
Generali expands corporate insurance in India
Shib Shankar Saha has been appointed as head of GC&C India.
Fubon Insurance poised for 2024 turnaround
But the company’s capital position is unlikely to return to pre-pandemic levels.
Commentary
AI isn’t replacing insurance, it’s finally making it work