Insurance
Mitsui Sumitomo sees profit rise with strategic divestments: Fitch Ratings
Mitsui Sumitomo sees profit rise with strategic divestments: Fitch Ratings
Fitch also anticipates an improvement in underwriting profitability.
APAC’s pet insurance market to surge by 18% CAGR through 2033
Globally, the market was valued at $5.21b in 2025.
KGI Life reduces risky asset exposure in 2024
Value of new business (VNB) margin expanded to 43.5% in the first half of last year.
Insurance BPO market to grow 5.4% annually through 2034
In 2024, claims processing accounted for over 30% of total market revenue.
China insurers to invest $14b in equities by 2025
If based on 2024 data estimated total fund allocation could reach $57b.
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
Vietnam also aims to amend the law on deposit insurance.
Singapore moms juggle family tasks and money matters
Their finances have improved relative to when their mothers were their age.
Investment firms need stronger risk-insurance alignment in 2025: WTW
Understanding how policies respond to different scenarios is key to effective risk management.
Manulife’s AI-investments to deliver threefold ROI by 2027
The company realised over $600m in benefits in digitalisation efforts last year.
Microinsurance expands to cover 344m globally in 2024
The Philippines was amongst the top countries with a high penetration rate.
NorthStandard reels in new head of Sustainability
She joins from Fintel plc.
Miller forms new M&A, strategic solutions team
They will operate within Miller’s Professional & Financial Risks business.
ICICI Lombard General’s capitalisation steady in the medium term
The company is expected to enhance its underwriting risk selection.
Health insurance market to reach $5t by 2032
In India alone, an estimated 1.5 million new cancer cases were reported in 2022.
FMG Insurance Limited's pricing strategy to boost stable operations
However, its financial flexibility is limited.
Liberty Mutual's net income hits $4.4b in FY 2024
For the year, revenue increased by 1.6% YoY to $50.2b.
Singlife’s new endowment plan allows add-on savings
The plan guarantees 100% capital protection at maturity.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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