Insurance
Meiji Yasuda expected to sustain performance long-term
Meiji Yasuda expected to sustain performance long-term
Last year, the company’s base profit was at $3.6b.
Chubb names two new leaders within Overseas General Insurance divison
Tim Stapleton has been named Chief Underwriting Officer.
Howden unveils new Chief Broking Officer for Hong Kong
He joins Howden from Marsh Asia.
Acclaim Insurance Brokers, CyberCube partner for cyber insurance
The broker’s CEO said it would let the company deliver informed cyber risk advice.
SBI General Insurance 9M 2025 profit skyrockets
The company’s gross written premium (GWP) rose by 10.9% YoY.
Australian council supports new funding round for disaster mitigation
The fund provides $125.8m (A$200m) annually.
Partners Life’s capitalisation to remain at ‘strongest level’ in medium term
Its in-force portfolio and consistent investment returns have been favourable.
Insurers risk falling behind amidst consumer demands: Camunda
Workforce shortages are also a looming challenge for the industry.
China's insurers to adjust investment risk controls
Big state insurers will be directed to raise both the size and proportion of their investments.
Ageing populations and rising mortality main concerns for life insurers and reinsurers
In 5 years, one in four Singaporeans will be over the age of 65.
Great Eastern exploring options for free float requirements compliance
SGX gave the insurer until 25 May.
Singlife’s profits to slowly improve: Fitch Ratings
Its H1 2024 earnings rebounded from a loss in 2023.
Malaysian Re’s expansion into non-traditional segments to drive growth
The company’s operating performance was seen as “adequate”.
India life insurance premiums rise 6.1% in FY 2023-24
Insurers also issued 291.77 lakh new policies under individual businesses.
Commonwealth Bank to sell stake in Bank of Hangzhou to insurer
The Australian bank could make about A$940m in proceeds.
9 in 10 New Zealanders are not financially prepared
1 in 5 retirees has insufficient worth of savings to sustain their current lifestyle.
South Korea increases foreign exchange insurance to KRW1.4t
The government will provide $248b in policy financing to exporting companies.
Commentary
AI isn’t replacing insurance, it’s finally making it work