APAC
QBE Insurance Group could see 5% revenue growth in 2025
QBE Insurance Group could see 5% revenue growth in 2025
It also has a stable outlook thanks to expectations of continued underwriting discipline.
FSC revises digital insurance rules to boost innovation in Taiwan
It will also open the digital insurance sector to non-financial backers.
This week in insurance: Prudential’s new CEOs, PH push for private riders benefits, India lacks coverage awareness
In India, only a third of policyholders are aware of the coverage details of their health insurance plans.
Prudential appoints Naveen Tahilyani and Rajeev Mittal to key leadership roles
Both will carry the title CEO.
Howden reports 33% surge in demand for political risk insurance
Trade credit insurance has also recorded annual profits over the past decade.
HDI Global’s Q1 2025 earnings jump 35.6% YoY
Performance was also driven by business growth and inflation-related adjustments.
P&C insurers stuck with costly legacy tech, McKinsey warns
Legacy platforms are driving up IT costs and limiting operational agility.
Property and casualty insurtechs raise $1.13b in Q1 2025
Since 2012, over $60b has been invested in insurtech companies.
MS Amlin’s net premiums rise $300m on business growth in FY 2024
Reporting under UK GAAP, MS Amlin posted an underwriting profit of $288m.
Non-life ILS market hits $49.1b in cat bond capacity by April: Gallagher Re
Non-life ILS capacity has increased nearly 480% since 2010.
HDI Global reels in McDowell as new lead
He will be based in London.
Aon expands reinsurance work with Moody’s into commercial risk
The products aim to offer more efficient risk transfer and improve casualty protection.
Canopius appoints Chen Zhang and Channing Chiu to APAC roles
Both will report to Soon Keen (SK) Lee, CEO of Canopius APAC and MENA.
Allianz reports Q1 net income contracts by 1.9%
During the three month period, total business volume reached $60.48b.
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.
This week in insurance: GAIP’s new CEO, Zurich offers takaful on Shopee, Japan's worker shortage
Hong Kong travellers also rush to buy insurance amidst safety concerns.
WTW expands Luke Ware’s duties with Asia leadership appointment
He has over two decades of experience.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
