Insurance

Prudential’s joint venture gains attention after Q2 report

The Q2 2024 solvency report, though brief, reveals some concerning trends.

Munich Re’s net profit soars 40.6% YoY in Q2 2024

The company hopes to reach $5.5b by the end of the year.

Beazley’s H1 2024 profit jumps two-fold

Earnings per share stood at 68.7 pence.

Central Re’s finances bolstered by prudent investments and retrocession

AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.

Asia’s Q2 insurance pricing stays flat

Overall capacity was sufficient but challenges persist in property and flood risks

HKMCI introduces flexible rental options for homeowners

This aims to help homeowners with their needs.

QBE doubles net profits to $802m in H1 2024

Its gross written premium increased by 2%.

Cambodia’s gross premiums dip 0.85% YoY in June

The life insurance market’s contraction was offset by its general insurance.

Indonesian insurers' assets hit IDR1,126.26t, up 1.14%

Both its life and general insurance segments grew YoY.

Zurich APAC’s GWP jumps 9% YoY, group profit surges 21% YoY

Its life business in the region saw double-digit growth.

Japan’s big-four insurers to raise fire insurance premiums 15%

The decision comes in the wake of failing profitability in the fire insurance market.

How bancassurance can overcome data sharing challenges

A varied regulatory environment remains a consistent challenge for data sharing.

VSS adopts chip-based ID cards for health insurance consultations

Thanks to cashless insurance payments, beneficiaries' payments climbed 10%.

AXA net income climbs 6% YoY in H1 2024

Thanks to higher underlying earnings and net realised capital gains.