Insurance
Reinsurers gain confidence with improved loss ratios
Some exceeded a 20% return on equity (ROE) in the first quarter.
Reinsurers gain confidence with improved loss ratios
Some exceeded a 20% return on equity (ROE) in the first quarter.
PT KB Insurance sees growth in premium retention to 31%
The insurer also benefits from being an important subsidiary of S. Korea's KB Insurance.
Sun Life debuts comprehensive ECO system for wealthy families
The insurer is partnering with HealthMutual Group.
Kyobo Life, SBI Group form digital finance alliance
Both parties are looking into distributing security token offerings.
Japan insurance giants to maintain improved financial performance in FY 2024
Thanks to higher domestic interest rates, diversified investments, and ongoing reforms.
Japan’s Hyogo hailstorm listed in industry loss index
Initial loss estimate stood at $1.1b.
Sedgwick promotes insurance veteran to Asian partner
She has over two decades of experience.
McKinsey highlights critical insurance strategies for 2024
Chief risk officers at a roundtable stressed the importance of capital management.
Cyber insurance costs drop amidst improved cyber hygiene
Global cyber insurance to hit $43b by 2030, Howden projects.
Taiwan's insurance sector posts $5.5b pre-tax profit in May
Its general insurance market surged nearly five times more than last year.
FWD Singapore, Income Insurance partner amidst EV demand
Existing motor policies at FWD Singapore will remain unaffected.
Kairos reels in new director, Japan representative
He has both technical knowledge of satellites and the ability to interpret the data.
Allianz and HSBC launch new life insurance plan
The plan comes with a premium starting from RM6,000.
Niva Bupa Health in talks of IPO
Rs625 crore of the net proceeds from the fresh issuance to boost the capital base.
Bank Negara sets new claims standards for insurers
It also promotes the adoption of digital solutions to enhance efficiency.
Bupa's $180m in cancer claims leads to new service
Cancer accounts for one in 10 health insurance claims.
APAC mirrors global surge in transactional risk claims
Claims rate has remained stable between 9% and 11% per deal from 2018 to 2023.