Insurance
Insurance-linked securities market grows 10.5%, nears $50b notional value
The market benefited from strong issuance activity.
Everest Re FY 2024 net income shrinks to $1.4b
Although, gross written premiums climbed 9.1% YoY.
Commercial insurance rates dip 3% in Q4 2024
Financial and professional lines declined the fastest at 9%.
Allianz Partners unveils new managing director for greater SEA
He will succeed Steve Watkins, who retires after over two decades.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
FWD Philippines boosts presence in Cebu
It now has 17 business hubs nationwide.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
PT Asuransi's capital strength to stay strong into medium-term
AM Best views TUGU’s investment portfolio to be of moderate risk.
Chubb’s net income rises 2.7% to $9.27b in FY 2024
The APAC unit saw a 22.2% surge in P&C insurance.
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Its financial leverage is also seen to remain below 23%.
RSM posts $1.1b revenue in APAC for FY 2024
Revenue from developed Asian economies saw a 9% YoY increase.
Actuaries Institute names new 2025 President
She urged actuaries to tackle generational inequality.
Sri Lanka’s gross written premiums pencil 16.5% YoY in Q3 2024
However, earnings contracted by 8.31% YoY.
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Great Eastern, AmMetLife cancel acquisition plan
The plan was initially signed in 2023.
Shriram General Insurance unveils Shri Health Suraksha Plan
The policy covers hospitalisation expenses such as room charges.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness