Insurance

Home insurance affordability worsens across Australia

Affordability stress has surged by 30% over the past year.

Home insurance affordability worsens across Australia

Affordability stress has surged by 30% over the past year.

Why nearly half of S’poreans feel hopeless reaching financial freedom

The average consumer owns 3 types of insurance, but only 57% have life coverage.

Allianz Malaysia’s Q2 2024 earnings show modest growth

The H1 2024 performance of its general segment was offset by its life business.

FWD Life Vietnam’s H1 2024 profit soars 70% YoY

Year-to-date, it reported a loss of $232.5m.

Mega Insurance seen to shift reinsurance strategy amidst domestic concerns

Its investment portfolio has been 90% cash equivalents and fixed-income securities.

Reinsurers meet cost of capital for first time in four years

The industry's weighted average cost of capital rose to 8.12% in 2023.

China Pacific Insurance poised for stable outlook in the next two years

CPPIC is expected to remain a core subsidiary of CPIC Group.

Premium income of Chinese insurers in H1 2024 climbs 4.9% YoY

Claim and benefit payments amounted to $172.20b.

Increased insurance premiums impact retirement budgets: ASFA

Couples around the age of 65 require $49,290 annually for retirement.

Pet insurance market slated for 8.1% CAGR by 2032

Several insurance companies now offer multi-pet insurance policies.

AI drives insurance productivity, faces scaling challenges

Scaling efforts are hindered by regulatory, data, and governance challenges.

Life Insurance Corporation of India’s Q1 profit up 9.6% YoY

Total premium income for Q1 2024 stood at $1.4b.