Insurance
Meiji Yasuda to keep premiums modest in FY 2024 with 1.5% YoY rise
Meiji Yasuda to keep premiums modest in FY 2024 with 1.5% YoY rise
Despite the challenges, Meiji Yasuda's credit quality remains robust.
Cyber insurance market set to reach $121b by 2032
APAC is expected to experience significant growth due to rising ransom attacks.
Emerging markets in Asia propel health reinsurance growth
In smaller SEA markets, reinsurers continue to support the growth of health insurance.
Meiji Yasuda buys Allstate's American Heritage for $2b
The deal is expected to close by the second quarter of 2025.
Samsung Fire & Marine earnings see 8.2% rise YoY in H1 2024
Its customer base inched up 0.77%.
Heightened geopolitical risks in Asia and the Middle East keep global firms on edge
Businesses are turning to credit insurance to navigate risks and safeguard their financial stability.
Etiqa named official fire insurer for HDB flats
Insurance premiums range from US$0.84 to US$5.07.
Over 3 million Australians lack adequate insurance coverage
Nearly 90% believe it is crucial to access financial support through their life.
China enhances online property insurance regulations
It will also restrict companies expanding to other services online.
De-risking drives reinsurance market stability
Current claims activity is increasingly influenced by medium-sized events.
Max Life's profit jumps 46% YoY in Q1 FY25
Embedded Value also grew by 30% YoY.
Sompo Thailand unveils new CEO
He has more than two decades of experience in the industry.
Canopius profits surge 53% in H1 2024
Insurance contract written premiums also climbed 23% YoY.
Coface’s H1 2024 net income climbs 10% YoY
This was equivalent to $156.5m in earnings for the period.
Robust capital aids premium growth in China
Companies with higher IFS Ratings typically exhibit more stability.
Nippon Life sees benefits from rising rates, market diversity
Revenue and profit for FY 2024 are projected to decline.
Qoala boosts leadership to expand regional presence
It is also launching its second Employee Stock Option Plan (ESOP).
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