Insurance
QBE Capital Global's outlook stable: AM Best
QBE Capital Global's outlook stable: AM Best
The ratings reflect the strategic importance of both entities within the QBE group.
Global health insurance market to reach $6.2t by 2032
Key drivers include the ageing population and a rising prevalence of chronic diseases.
Huize plans expansion in Singapore, Philippines
Its Q3 2024 gross written premiums (GWP) reached an all-time high of $290m.
Delta taps Lucy Loh as Asia claims lead
Loh brings over 30 years of experience in claims management.
Swiss Re aims for $4.4b profit in 2025
Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b.
Australia's general insurance sector set to hit $96b by 2029
The market is seen to reach $67.4b next year.
Asian Gen Z confident in finance skills, lag in insurance awareness
Gen Z is projected to make up at least 25% of the APAC population by 2025.
Japan P&I Club hikes premiums 7% for 2025
The decision comes as the association grapples with a high volume of claims.
India's non-life insurance sector grows 4.41% YoY in November
Standalone health insurers saw their premiums climb 10% YoY.
India's life insurance sector grows 20% YoY in November
The sector's two-year compound annual growth rate (CAGR) stood at 1.8%.
Sun Life creates new role, appoints Deng to lead Asia operations
He will join the Asia executive team and report directly to Manjit Singh.
PICL to sustain a strong capital level amidst growth: AM Best
However, long-duration policies in PICL's portfolio pose reserving risks.
HDI Global appoints new heads for Marine, Technical Services
Both appointments are effective 1 January.
Manulife Hong Kong partners for cashless medical services
The cashless services cover day-case surgeries at all United Family Hospitals.
Insurtech market set to grow $77b by 2028
However, the high cost of investment remains a key challenge for the industry.
Australia’s private health insurers’ profit surges 64% YoY in September quarter
Total assets gradually increased 2.1% YoY to $13.06b.
How can insurers seize opportunities amidst heightened volatility?
Key strategies include diversification and setting up rigorous capital models.
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Awards
Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
