Insurance
Investment firms need stronger risk-insurance alignment in 2025: WTW
Investment firms need stronger risk-insurance alignment in 2025: WTW
Understanding how policies respond to different scenarios is key to effective risk management.
Manulife’s AI-investments to deliver threefold ROI by 2027
The company realised over $600m in benefits in digitalisation efforts last year.
Microinsurance expands to cover 344m globally in 2024
The Philippines was amongst the top countries with a high penetration rate.
NorthStandard reels in new head of Sustainability
She joins from Fintel plc.
Miller forms new M&A, strategic solutions team
They will operate within Miller’s Professional & Financial Risks business.
ICICI Lombard General’s capitalisation steady in the medium term
The company is expected to enhance its underwriting risk selection.
Health insurance market to reach $5t by 2032
In India alone, an estimated 1.5 million new cancer cases were reported in 2022.
FMG Insurance Limited's pricing strategy to boost stable operations
However, its financial flexibility is limited.
Liberty Mutual's net income hits $4.4b in FY 2024
For the year, revenue increased by 1.6% YoY to $50.2b.
Singlife’s new endowment plan allows add-on savings
The plan guarantees 100% capital protection at maturity.
Smartpay, Chubb launch embedded insurance in Japan
Cashless payments account for 50% of consumer monthly spending in Japan.
New Zealand life insurance registers 2%-5% average growth
Claims accepted are at their highest level since 2020
Vietnam proposes updates to deposit insurance law
It aims to strengthen the role of the Deposit Insurance of Vietnam.
Australia’s P&C could face $1.3b insured losses from Cyclone Alfred
The cyclone is forecast to make landfall on 7 March.
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
Philippine HMO industry net income soars 123% in FY 2024
The sector posted a net income of $16.7m.
AXA XL Insurance unveils new Asia CEO
She succeeds Gilles Fromageot.
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1. Asia-Pacific insurers turn to emerging market debt for yield 2. Japanese life insurers pivot to offshore M&A as domestic market peaks 3. Singapore eyes new corporate structure for insurance risk transfer 4. India renewables face $55b climate loss risk 5. BMS opens Mumbai capability centreResource Center
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
