Insurance
Life Insurance Corporation of India sees profits up 3.5% YoY in H1 2024
Life Insurance Corporation of India sees profits up 3.5% YoY in H1 2024
LIC's total premium income rose by 13.56% YoY.
CTBC Insurance maintains strong capital adequacy
Its pandemic-hit capital position has now returned to pre-COVID levels.
Top 50 list shows worsening dip in Singapore’s insurance premiums
The thriving nonlife business offset life insurance’s poor showing in 2023.
Generali, UNDP boost Thai MSME resilience with risk assessment tool
Key goals include raising entrepreneurs’ awareness of resilience strategies.
QBE, YAS debut pay-as-you-sell insurance for Hong Kong merchants
It is designed for HK-based merchants expanding in the US market.
Aon's APAC CEO to become Global Chief Commercial Officer
Corona has been with Aon for nearly 25 years.
ICA backs Senate's recommendations on climate risk impact on insurance premiums
Insured losses reached $2.19b between 2023 and 2024 due to four extreme weather events.
MSIG, Silversky and Stere Asia partner for pet insurance offering
Silversky Protect is underwritten by MSIG.
Aussies three times more likely to insure cars than themselves: survey
Whilst almost 80% have car insurance, only one-third hold life insurance.
bolttech partners with Thai postal service giant for motor insurance coverage
Customers can access the policies by scanning a QR code on receipts from post office transactions.
Shanta Life Insurance begins operations in Bangladesh
The country's insurance penetration remains low at 0.4%.
HDI Global reveals new head of engineering
He also brings over two decades of corporate insurance experience.
Miller appoints Guy Pierpoint to marine team
He will expand the firm's North American book of business.
20 private Indian insurers struggle with claim payouts
Only four insurers achieved a claim-paid ratio exceeding 90% in terms of the number of claims processed.
IAG acquires 90% of RACQ Insurance in $855m deal
The deal is expected to add $1.3b to IAG’s gross written premiums.
Li-Ion battery reliance impact insurers heavily, geopolitical tensions possible
A Li-Ion factory in South Korea exploded and killed 22 people last year.
India non-life premiums leap 28% in October
YTD growth in FY 2025 was subdued compared to FY 2024.
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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