Insurance
New Singlife campaign offers up to 4.5% returns amidst inflation woes
It is available for the first S$10,000 in an account.
New Singlife campaign offers up to 4.5% returns amidst inflation woes
It is available for the first S$10,000 in an account.
Cathay Life net profit surges to $2b despite premiums decline
Premium slump was driven by weaker demand for investment-linked and interest-sensitive annuities.
Artarindo's premium retention lags behind industry
However, its profitability is expected to remain stable.
Hanwha Life strengthens leverage post-debt redemption
The insurer’s solvency capital ratio under K-ICS was 183.8% in 2023
Climate insurance market set to double by 2030
Insurers are adapting through central hubs or establishing vertical business units.
SMBs boost cyber insurance uptake amid rising threats
67% of ransomware attacks in Q4 2023 affected SMBs with less than 1,000 employees.
Reinsurers benefit from higher rates, restrictive policies
A slowdown in property reinsurance price hikes next year is still anticipated.
Tata AIA Life opens offshore branch at GIFT City
The products offered target non-resident Indians (NRIs).
SEADRIF Insurance taps Benedikt Signer for executive director role
He was previously with World Bank’s Disaster Risk Financing and Insurance Programme.
Reinsurers urged to discipline performance amidst casualty risks
Combined ratio forecasted to remain between 92% and 96% in 2024 to 2025.
Insured losses from NatCat surge to $151b, fueled by urban growth
The five-year average annual loss is at $106b.
China motor insurance market to rise 5.2% this year
New energy vehicles are gaining traction in China’s vehicle market.
Zurich, Indosat partner to synergise telecom and insurance offerings
100 million Indosat users will have access to Zurich’s products.
Nan Shan Life's investment strategy solid across currencies
S&P also expects the insurer to maintain its current investment risk exposure.
Tong Yang Life's profit prospects strong under new ownership
Woori FG is supported by Woori Bank, one of Korea’s domestic systemically important banks.
HSBC Life hits HK$24.7b in new business premiums
Annualised new premiums accounted for 19.7% of the market total.
China Re’s H1 2024 net earnings triples to $830m
EPS stood at RMB0.13.