Insurance
Cambodia’s life insurance policies doubled in October
Cambodia’s life insurance policies doubled in October
The industry saw $25m in gross premiums for the month.
Philippines ends provisional insurance licenses
The commission wants to ensure that agents with regular licenses are allowed to sell.
Vietnam nears 2025 social insurance goals, projected 20 million participants
By 2024, health insurance participants is seen to reach 95 million.
Government backing ensures Korea Trade Insurance's solvency
Moody's views government support as near-certain, given K-SURE’s designation as a public institution.
Manulife HK, Macau reels in new Chief Agency Officer
He joined Manulife in 2019 as asst. Vice President, head of DBS Bancassurance.
7 in 10 Gen Zs doubt health in old age
Prudential emphasised the role of financial planning to manage future healthcare costs.
Global insurance market to hit $28.5t by 2032
Technology advancements may be lucrative for market players.
FM appoints new VP of staff insurance operations
This will take effect, starting 1 December.
Gallagher Re launches global tropical cyclone research consortium
Tropical cyclones have caused $710b in insured losses globally since 2000.
China Re's profitability consistent over five years: AM Best
Under IFRS 17 and IFRS 9, consolidated capital and surplus rose by 4.8% to $14.4b.
South Korea’s general insurance sector to hit $33.3b by 2029
Liability insurance, the second-largest segment, is expected to expand by 12.2% in 2024.
PH, Indonesia renew agreements to strengthen cross-border cooperation
Key initiatives include expert and staff exchanges and bilateral meetings.
Philippine HMO net income rebounds to $13.58m in Q3 2024
This is due to a 22.50% rise in total revenue.
India's insurtech revenue grows 12-fold to $750m over five years
Despite this, 45% of medical expenses are paid out of pocket.
Protection and indemnity combined ratio drops to 96% in 2023/24
The year was dominated by the Dali incident, which occurred in March.
Sompo Holdings' net profit soars by 99% to $1.7b in H1 2024
Ordinary income rose by 11.4% to $19.23b.
MAS updates rules on life insurance product launches
The changes aim to ensure adequate regulatory oversight.
Thought Leadership Centre
In Association with
Most Read
1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
