Insurance

Outlooks of six Chinese insurers pressured by sovereign risks

On the contrary, one insurer should experience a stable outlook.

Outlooks of six Chinese insurers pressured by sovereign risks

On the contrary, one insurer should experience a stable outlook.

AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants

Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.

Ping An Life to see 15% YoY NBV growth in Q1’24 – Nomura

A catalyst could be the low base effect in the first two months of COVID restrictions.

Low investment risk seen for ClearView after asset sale

The Australian insurer sold its investment in Centerpoint Alliance in November 2023.

Howden warns against over-reliance on cyber insurance

The insurance broker listed three AI threats haunting organisations.

Gallagher Re calls for nuanced view of PE-backed reinsurers

Critics warn of short-term profit strategies risking stability and trust.

Global exposure growth reaches 11.7% YoY

IED for Wind Japan was stable against the Yen.

China boosts financial services to advance new industrialisation

Insurance funds should provide long-term stable financial support.

Asia energy firms seek lasting insurer partnerships

Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.

South Korean insurers adapt to new regulations

Regulatory changes prompt tax benefits to rise and the government to support overseas expansion.

KDB Life grapples with high leverage, Fitch reports

The insurer’s CSM increased in 2023, reflecting a focus on profitable policies.

Elevated risk environment prompts challenges for reserve management

Aggressive inflation has complicated loss predictions and could underestimate severity.

TREIF estimates $23.5m in losses from more than 450 claims

Guy Carpenter notes that the full extent of the quake’s impact on the industry is yet to be determined.

25% of employers to enhance insurance coverage in the next two years

More than half of companies are already offering health and wellbeing benefits.

Management addresses market demands at Jefferies call

Debt leverage remains within substantial headroom.