Insurance
Singlife Financial Advisers CEO to stick to growth roadmap
Singlife Financial Advisers CEO to stick to growth roadmap
The market is ever changing, and SFA would adjust its strategy and pivot when needed.
AXA launches digital insurance with Ant Bank, AlipayHK tie-up
It will use AXA’s portfolio and Ant Bank and AlipayHK’s “E-wallet X Digital Bank”.
Allianz Jingdong aims for profitability boost through refined risk selection
Its investment risk is expected to stay low.
AM Best expects stable earnings from PVI Insurance’s underwriting
Although, investment portfolio carries moderate risk.
APAC’s group health insurance market slated for 12.2% CAGR by 2031
Globally, the market is seen to bag $1.8t.
Malaysian insurers expedite claims for Putra Heights explosion victims
The association expects high volume of claims.
Taiwan insurers’ pre-tax profit rises 3.1% YoY in February 2025
Life insurance enterprises accounted for $1.64b of the total.
How well do Australian’s know about tiered private hospital insurance system?
13% said the tier system is as confusing as the previous insurer-specific policies.
Ping An cuts carbon footprint by 8% in 2024
It also boasts of a stable business performance last year.
Health insurance coverage in India projected to reach 50% by 2025
Yet, rural healthcare infrastructure and trained talents remain key challenges.
Gallagher Re sees increased capacity, flexibility for reinsurance buyers
Many reinsurers also anticipate double-digit returns on equity in 2025.
Insurance M&A expected to rebound in 2025 with investor confidence
Asia may see more inbound M&A, driven in part by currency advantages for US buyers.
Insurers urged to modernise amidst looming talent shortages: Bain & Co.
Life insurers are struggling to stay relevant, especially amongst younger consumers.
ICA reports 95,000 claims from Cyclone Alfred damage
The cyclone and floods have exceeded A$1.2b in insurance losses.
Regulators monitor insurers' exposure to alternative assets
Efforts aimed at improving consistency may have immediate effects in private credit market.
Japanese insurers expand overseas amidst domestic slowdown
AM Best forecasts sluggish growth in in-force premiums.
Tokio Marine sells Mitsubishi stake in $1.34b buyback
The shares will be sold at $15.65 each.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs