Insurance

China Life Insurance stays robust amidst national credit concerns

NBV increased by 18.6% year-on-year in the first half of 2024.

China Life Insurance stays robust amidst national credit concerns

NBV increased by 18.6% year-on-year in the first half of 2024.

IFRS 17 pushes Korean insurers towards lower-risk products

S&P notes that insurers have been preparing by investing in long-dated bonds.

Chinese insurers shift to floating-return products amidst risks

Its P&C sector is under strain due to market volatility.

Fitch expects rising profitability for Urtrust in near term

Urtrust maintains a solid capital buffer to support its rapid premium growth.

Why are APAC retirees struggling with unexpected costs?

Over a fifth of respondents had not anticipated their retirement expenses.

HDI Global strengthens leadership with new managing director

Glanz has been serving as risk engineering manager for the APAC.

Beazley reinforces top management with internal promotions

Both appointees’ roles are effective immediately.

Fathom unveils catastrophe model for flood risk

Flooding is responsible for $14b insured losses in 2023.

Insurers to tackle rising chronic disease rates by 2030

Mental health is now seen as a priority across generations.

Sompo’s risk-adjusted capitalisation reaches peak levels

Despite exposure to equity risk, Sompo has sufficient capital to absorb loss.

Global P&C insurance rates stabilise after hikes

Reinsurance rates globally are expected to be flat or slightly lower in 2025.

Hong Kong’s insurance premiums return to pre-pandemic levels: Jefferies

HSBC and Hang Seng have shown unexpected growth in 2024.

Crawford Malaysia prepares for flood claims with new leads

Mohammad Aminuddin Bin Alias and Nazirul Jabri Bin Roslee have new roles.

Public insurers lag behind private in Indian market

Health and motor insurance were key growth drivers for private insurers.

Cyber scams prompt behaviour change in 61% of users

Chubb says insurance can play a key role in digital payments.

Majority of insurers develop own digital platforms

Insurers rather develop their own platform to maintain control over their ecosystems.

CEOs see 3-5 years for AI investment returns

Yet, also over half (57%) of organisations see AI as a vital tech.