Insurance
New India Assurance’s net profit slips 13% on legacy balance provisions
New India Assurance’s net profit slips 13% on legacy balance provisions
The company retained its market leadership with a 12.6% share.
Canopius appoints Chen Zhang and Channing Chiu to APAC roles
Both will report to Soon Keen (SK) Lee, CEO of Canopius APAC and MENA.
FWD refiles for Hong Kong IPO
The updated Application Proof will be made available on the HKEX website.
Prudential Care360 includes surgery, ICU, and infectious disease cover
The plan also offers daily income payouts when the policyholder is hospitalised.
Lioner appoints Francis Tang as managing director for Hong Kong
Tang brings more than two decades of experience in life insurance planning.
Pacific Life Re appoints Kenichi Kim as head of South Korea
He has more than 15 years of experience in financial services and reinsurance.
Indians prioritise insurance for protection against rising health costs
A third also reported buying more coverage to supplement their corporate health plans.
Hong Kong staff medical insurance costs rise 55% over three years
Hospitalisation rates, however, have not yet returned to pre-pandemic levels.
Philippines HMO sector soars in Q1 2025
The growth is primarily driven by the 26.15% increase in the collection of membership fees.
India’s motor insurance market to hit $21.5b by 2030
Passenger vehicle sales reached record levels last year, increasing 6% YoY.
Allianz reports Q1 net income contracts by 1.9%
During the three month period, total business volume reached $60.48b.
Policybazaar expands health insurance access for global Indian families
Health insurance in India is at least 35% cheaper than in other countries.
Ping An maintains top China insurance brand status for tenth year
It remains the only Chinese insurance group in the global list.
Swiss Re posts $1.28b Q1 profit with gains in underwriting and tax
P&C Re reported a net income of $527m, lower on a YoY basis.
9 in 10 Indian policyholders seek auto-replenish feature in health insurance
Yet, 32% are still unaware of the details of their plans.
Vietnam life insurance grows 4.3% YoY in new contracts
General insurance products maintained their lead as the primary business line.
Australian Reinsurance Pool sees insurer participation rise, cyclone pool gains
Access to insurance has improved as well, ARPC said.
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AI isn’t replacing insurance, it’s finally making it work