Insurance
QBE's gross written premiums rise 1.5% to $17.6b in 9M 2024
QBE's gross written premiums rise 1.5% to $17.6b in 9M 2024
Strategic portfolio exits have mitigated the impact of catastrophe losses.
SME insurance is seen to reach $417b through 2032
Smaller organisations lack the resources and experience to form a separate risk department.
Professional indemnity claims rise by 6% in two years
Marsh India said PI claims range from $20m to $100m.
Suncorp retains stable outlook amidst earnings diversity concerns: S&P
It plans to return $2.5b in excess capital from the bank sale to shareholders in 2025.
2025 salary hikes expected in Singapore's insurance sector
Those in lower-value administrative functions may experience a more modest increase of 10%-15%.
Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025
Hong Kong is expected to maintain steady hiring activity in 2025 despite sluggish economy.
Canopius taps Olivia Brindle as head of sustainability
She will report to Lindsay Astor, chief of staff and head of strategy.
China expands basic medical insurance portfolio
The country added 91 new drugs to its medical insurance drug catalogue.
Blue Cross Insurance, Public Bank ink bancassurance agreement
The insurance products provide travel coverage and combined protection benefits.
Catastrophe bonds could boost cyber risk capacity
Cat bonds could significantly enhance risk-absorbing capacity.
New India Assurance works to tighten underwriting, risk controls
However, its balance sheet remains exposed to potential volatility.
Flood insurance market set to grow at 14.5% CAGR by 2032
The region is expanding rapidly due to urbanisation.
Australia's private health insurers record $1.07b profit in 2024
The year gathered data from 30 private health insurers.
Insurers expect China’s medical cost to increase 11% in 2025
Asia-Pacific is also slated to rise by 12.3% in 2025.
SG's Central Provident Fund updates interest rates, Basic Healthcare Sum for 2025
BHS for members below 65 will increase from $52,929 to $55,890.
AM Best forecasts steady earnings for Starr International Insurance
Whilst investment returns remain modest, they contribute stable income.
HK warns of fake elderly medical insurance ads
It clarified that it has never published nor authorised such advertisements.
Thought Leadership Centre
In Association with
Most Read
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
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work