Insurance
Munich Re eyes $6.3b net profit in 2025
Munich Re eyes $6.3b net profit in 2025
The company expects group insurance revenue to reach $67.2b.
Tune Protect Re stabilises post-COVID with strong returns: AM Best
Its balance sheet is expected to remain solid in the medium term.
Insurers plan increased use of facultative reinsurance by 2025
Yet, over half of decision makers identified capacity as a major obstacle.
Howden Asia reels in new deputy CEO
His start date is subject to fulfilling his contractual obligations with current employer.
Vietnamese insurer cuts profit forecast after Typhoon Yagi
Bao Minh’s board proposed keeping its revenue target at $268m.
Korean Re's focus on profitable lines boosts outlook
It’s operating performance remains adequate, with an ROE of 9.5%.
Beazley unveils new head of cyber risks
They previously served as head of International Cyber for over a decade.
Top 50 list shows recovery in Hong Kong’s insurance premiums
Only four segments in the top 10, all life insurers, posted growth in 2023.
Taiwan life insurance set for 5% to 10% growth in 2025
The TII also estimates a renewal premium growth rate of approximately 5%.
How much do Malaysian FI boards really cost?
Board chair retainer fees were typically 1.3 to two times higher than other board members.
Lockton launches Global Parametric Insurance Practice
The parametric insurance market is set to reach $39.3b by 2032.
Pru Life UK launches PRULink Flexi Income Fund in the Philippines
The fund aims to provide a steady source of income through monthly payouts.
What business risks insurers need to be aware of this 2025
Labour and talent shortages have overtaken economic concerns, said business leaders.
Chubb appoints John Latter as lead claims officer
He joined the company in 2017 from Zurich Insurance.
Allianz bids Income Insurance 51% takeover goodbye
The move follows changes to the Insurance Act announced last 14 October.
Taiwan life insurers record $35b in H1 premiums
First-year premium (FYP) income rose 7.24% YoY to $11.62b.
QHR Life Reinsurance drives strong underwriting: AM Best
The company’s capital and surplus increased by 4.3% to $500m in 2023.
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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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