Insurance
China to boost commercial insurance annuities
China to boost commercial insurance annuities
It also plans to establish a regulatory framework for its supervision.
Pet insurance market to grow $30.1b by 2028
Estimates show more than 500 million companion animals in the world.
CPFIS funds' annual returns rise to 14.71% in Q3
Its quarterly average return, however, fell to 2.54% from 3.11% in Q2.
Reinsurance costs challenge New Zealand insurance earnings
2024 experienced fewer significant weather events, alleviating claims expenses.
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Kwoon Chung, YAS launch HK’s first bus travel insurance
Accidental medical expenses are covered up to $650.
Philippines urges HMOs to adopt PFRS 17 by 2027
HMOs shall not be precluded from early implementation.
Taiwan life insurers shift focus to protection products
The accident and health insurance market grew 16% YoY in 9M 2024.
Singlife’s new whole life plan offers additional cover of up to 400%
The plan also includes a Retrenchment Benefit.
Actuaries Institute seeks fairer insurance
The paper found that existing customers are charged more than new clients.
HNB Assurance expected to boost profitability
Non-life premiums increased 14% in H1 2024.
P&C insurance profits bolster ZhongAn's performance
AM Best expects ZhongAn’s to continue facing challenges from investment fluctuations.
Q3 insurtech investments reach $1.38b, highest since 2023
63.4% of Q3 2024 deals are directed at AI-centered insurtechs.
Flood infrastructure saves 10x rebuilding costs
Climate change is expected to drive up these losses further.
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central.
Howden acquires Storfield to boost Hong Kong operations
Its CEO is Victoria Lau.
Loyalty costs Australians in insurance premiums
1 in 3 who expressed satisfaction with providers rarely or never compare policies.
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Awards
Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
