Japan
Japanese non-life insurers burned by fire premium losses
Insurance firms are bearing the weight of losses brought about by natural disasters.
Japanese non-life insurers burned by fire premium losses
Insurance firms are bearing the weight of losses brought about by natural disasters.
Japanese P&Cs face fierce price war risk
E-commerce giant Rakuten and other players may "threaten" the country's insurance market.
Fire insurance in Japan receives profit boost to offset dismal auto underwriting
The advisory rate revision will reflect increased losses from natural catastrophe and water leakages.
Japanese insurers embrace third-sector medical policies to weather ultra low rates
They rose 9% whilst individual annuity policies plunged 56% in fiscal 2017.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Resource Center
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Jul
09
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Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong
![Proactive dialogue with regulators, embracing tech advancements are key to preemptive compliance – EY's Anita Sun-Young Bong]()
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The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
The EY Partner reiterated that though innovation carries inherent risks, balancing it with risk management through crisis simulation systems ensures sustainable progress.
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1. Hong Kong general insurance GWP to reach $10.9b by 2028 2. OCBC's bid for Great Eastern Life to boost sector valuations 3. Singlife introduces first market insurance for dementia care 4. Italian insurance-financial firm opens office in Singapore 5. SG’s life insurers see 32.2% leap in new business premiums in Q1’24Awards
Jul
09
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Firewalls are never enough