Insurance

Moody’s expects steadier ZhongAn profits as tech losses narrow

Losses in its non-insurance businesses narrowed to $5.34m.

Insurers set tougher terms as ransomware containment improves 33%

Adoption in Asia-Pacific is slightly higher at 38%, with China leading at around 50%.

Corporate life insurance market set for $1.28t by 2029

This represents a compound annual growth rate (CAGR) of 7.1%.

India’s life insurers post 14.8% rise in new premiums in September

This marks a rebound from the 5.2% decline seen in August.

Aon strengthens Asia reinsurance leadership with new chairman

Chisholm will oversee the Global Clients Segment for the Asia region.

Tian An P&C bond lapse highlights sector governance gaps: S&P

Tian An P&C failed to repay a $730m capital supplementary bond.

SME commercial insurance market to hit $155b by 2029

The market was valued at $111.83b in 2024.

Prudential to see stable earnings: Fitch Ratings

Fitch noted that Prudential continues to operate with low financial leverage.

Crop weather index insurance market to hit $3.3b by 2029

Growth has been supported by greater climate unpredictability.

Fitch Ratings expects Sumitomo Life to sustain stable growth

The rating agency said it anticipates continued capital strengthening.

GIC Re India enjoys strong balance sheet and favorable business profile

Shareholder equity has increased in the past five years.