Insurance
PICC profit rises 26% but growth set to ease
PICC profit rises 26% but growth set to ease
Net income is forecast to reach about HK$39.4b in 2026 from HK$36.0b in 2025.
Liberty folds APAC units into 1 licensed entity
Singapore, Hong Kong, Malaysia, and China now sit under merged underwriting structures.
Severe storms drive $60b in insured catastrophe losses
Hail events dominate payouts, accounting for up to 80% of related claims.
Pet insurance seen hitting $24b on 18% CAGR
Within services the segment is expected to represent about 0.09% of the total market.
Commercial insurance premiums to reach $1.4t in 2025
Reinsurance capital hit $760b, increasing competition across the sector.
Nan Shan profit rebound may not lift capital fast enough
Premium expansion has outpaced the industry average for 3 straight years.
China Life faces earnings drag as investment returns weaken
The insurer posted a fourth-quarter loss of $1.9b despite annual gains.
Sompo Japan outlook holds as Aspen deal raises execution risk
The agency also sees equity exposure from domestic stock holdings declining.
1 in 5 of Australians regret no insurance as premiums rise 4.41%
Average policyholders already pay about $164.2 monthly for coverage.
How Techcom Life deploys AI as only 15% of use cases scale
Its in-house assistant Tori is already being used by about 85% of 1,500 agents.
MAS flags risks in insurers’ private asset allocations and AIR
Allocations may include investments in private equity and credit.
Reinsurers reprice risk as Hormuz disruption hits oil flows
The waterway carries about 20% of global crude supply and a large share of LNG shipments.
Ping An's new business value jumps 7.5% to $15b
Its life and health arm posted RMB103.27b in value from newly written business.
FWD Singapore sets out three priority growth areas for 10th year
Growth reflects a stronger contribution from advisers in weighted new business premiums.
SEADRIF, AHA Centre partner on ASEAN disaster financing
The pact links emergency response systems with financial protection mechanisms.
Sun Life Philippines to boost sales force, bancassurance under incoming CEO
It is pushing insurance in a nation where death and money are taboo topics.
How can regulatory tweaks unlock capital for Hong Kong insurers?
Most plan to boost their risk exposure using tech over the next two years.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
