Insurance

Lonpac expected to hold 7% of Malaysia's market

The company has demonstrated consistent capital growth over the past five years.

Nearly 9 in 10 Australian insurers commit to net-zero targets by 2050

Extreme weather events cost homeowners approximately $4b annually.

Allianz may drop $1.63b bid for Income Insurance: Report

Sources familiar with the matter told Bloomberg.

QBE Capital Global's outlook stable: AM Best

The ratings reflect the strategic importance of both entities within the QBE group.

Global health insurance market to reach $6.2t by 2032

Key drivers include the ageing population and a rising prevalence of chronic diseases.

Huize plans expansion in Singapore, Philippines

Its Q3 2024 gross written premiums (GWP) reached an all-time high of $290m.

Delta taps Lucy Loh as Asia claims lead

Loh brings over 30 years of experience in claims management.

Swiss Re aims for $4.4b profit in 2025

Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b.

Asian Gen Z confident in finance skills, lag in insurance awareness

Gen Z is projected to make up at least 25% of the APAC population by 2025.

Japan P&I Club hikes premiums 7% for 2025

The decision comes as the association grapples with a high volume of claims.

India's non-life insurance sector grows 4.41% YoY in November

Standalone health insurers saw their premiums climb 10% YoY.

India's life insurance sector grows 20% YoY in November

The sector's two-year compound annual growth rate (CAGR) stood at 1.8%.

Sun Life creates new role, appoints Deng to lead Asia operations

He will join the Asia executive team and report directly to Manjit Singh.

PICL to sustain a strong capital level amidst growth: AM Best

However, long-duration policies in PICL's portfolio pose reserving risks.