Insurance
Allianz China, Fudan University partner to boost insurance research
The centre will focus on tech, risk management, and ageing population.
Rate pressure continues in aviation insurance: Gallagher Re
The Jeju Airline loss calls for revising airline insurance pricing.
Asahi Life’s capitalisation boosted by robust underwriting: Fitch
The company’s core profit margin increased to 16% in the first half of FY 2025.
Philippines set to increase deposit insurance in 2025
The PDIC’s current maximum insurance coverage amount is at $8,522.32.
New reinsurers enter Korea’s property treaty market, says Gallagher Re
Competition was more intense for excess of loss placements compared to pro rata.
EGIB balance sheet strength underpinned by risk-adjusted capitalisation
Its balance sheet strength achieved its ‘strongest’ level at year-end 2023.
Three insurers sign MoU to expand auto insurance in Hong Kong
The MoU will help in developing insurance for EVs.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
MPM Insurance’s profits stable, bolstered by investment yields
The company's GPW grew by 23% in the first nine months of 2024.
HKU Business calls to advance climate insurance in Hong Kong
Asset losses from sea level rise could surpass those caused by typhoons.
Insurers urged to focus on coverage gaps, resiliency
They are also told to leverage technology strategically to improve their business strategies.
Thai Reinsurance to ride A&H losses with property, motor growth
Underwriting performance in 2025 should be stable.
Vietnam amends health, social insurance guidelines
Authorities have revised regulations on medical examination and treatment.
Sri Lanka’s insurance regulator names new board chairman
Dr. Ajith Raveendra De Mel is a senior lecturer at the University of Rahuna.
WTW launches cyber insurance facility in Singapore, Hong Kong
AI was ranked amongst the top five emerging risks in Asia.
Dai-ichi Life financial leverage to remain below 23%
The planned bonds are expected to have a call option after 10 years.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work