Insurance
Macau insurance sector grows 5% as premiums and profits rise in 2024
Macau insurance sector grows 5% as premiums and profits rise in 2024
Total gross premiums reached $4.67b last year.
Health insurance sector to bag $3t by 2035
The market was valued at $1.92t in 2023.
Nepal insurance activity surges in September as premiums double
Gross premium collection jumped to $0.31b.
QBE Insurance names new group CFO
He joined QBE in 2015.
Why Taiwan’s insurance outlook remains solid through 2029
The market is projected to expand by 8.8% this year.
Why 1 in 7 Australians travel overseas without insurance cover
More than a third said they had seen risky destinations promoted positively.
APAC tax insurance gains traction beyond M&A transactions
The share of tax insurance placements in non-M&A contexts rose to 20% in 2024.
AXA launches new wealth management plan
The series offers premium terms of five or 10 years in up to nine different currencies.
NorthStandard names Michael Hustler as new APAC head
He succeeds David Roberts, who will leave in February 2026.
MS Amlin adopts CyberCube analytics to enhance risk management
These tools help model potential cyber loss scenarios.
Allianz climbs to 27th amongst global brands in Interbrand index
Interbrand attributed the increase to Allianz’s financial performance.
AIA Group named systemically important insurer by Hong Kong IA
The company said the classification will not affect its operations.
China Taiping Insurance Singapore sustains steady growth outlook
Its 2024 results are driven by insurance service outcomes and investment income.
Luen Fung Hang Insurance expected to maintain steady performance
LFH benefits from strong bancassurance distribution.
Prudential keeps business plans steady after D-SII designation
The insurer said it remains strongly capitalised.
Phoenix Mills secures India’s first pandemic business cover
The parametric insurance policy was launched by New India Assurance.
WTW urges financial firms to prioritise insurance in M&A deals
WTW said 47% of claims come from the insured’s own shareholders, investors.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Manulife to sell MVI Life to Japan’s Asahi Life 4. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire 5. Singlife, Lion Global Investors launch physical gold fund in SingaporeResource Center
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AI isn’t replacing insurance, it’s finally making it work