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. 

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.