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. 

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.