New Zealand
Reinsurance costs challenge New Zealand insurance earnings
2024 experienced fewer significant weather events, alleviating claims expenses.
4 days ago
Reinsurance costs challenge New Zealand insurance earnings
2024 experienced fewer significant weather events, alleviating claims expenses.
4 days ago
Flood infrastructure saves 10x rebuilding costs
Climate change is expected to drive up these losses further.
5 days ago
Loyalty costs Australians in insurance premiums
1 in 3 who expressed satisfaction with providers rarely or never compare policies.
5 days ago
Marsh McLennan bags $3.5b in Q3 Revenue for insurance
EPS rose 3% to $1.51.
India, Philippines pension systems lack adequacy: Mercer
A score below 35 would indicate serious deficiencies.
Why ageing Asians prefer critical illness coverage
Japan and India have the largest share of life insurance ownership.
Quest Insurance to maintain strong capitalisation
However, future loss ratios are expected to rise.
Beneficial Insurance boasts 36.1% return on equity
Beneficial’s risk-adjusted capitalisation was strongest level as of 31 March.
UniMed’s capitalisation hits strongest level in 2023
Thanks to low underwriting leverage and moderate investment risk.
WTW starts tech industry practice in Australia, NZ
It will be led by Ben Di Marco.
Delta International shows solid underwriting in APAC markets
AM Best said the insurer’s tech infrastructure boosted overall GWPs.
DPL Insurance to maintain moderate growth, prudent earnings
For fiscal year 2024, its ROE was at 14.3%.
Co-op Life benefits from favourable underwriting results
AM Best expects continued robust pricing and positive investment income.
Foundation Life (NZ) focuses on restructuring life insurance portfolio
If the proposed scheme is completed, the company is seen to cease insurance activities.
Chubb New Zealand to adjust capital strategy within 24 months
It is also expected to receive substantial support from its parent.
First Insurance Limited’s position weakest in peer group
Fitch assesses New Zealand and Australian life insurers in a peer review.
VPIS posts steady 4.0% return-on-equity over five years
AM Best also assessed its operating performance as adequate.
Thought Leadership Centre
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1. SG justifies blocking $2b capital withdrawal in Income-Allianz deal 2. Allianz-Income merger in limbo as parties weigh new rules 3. HDI Global appoints new CFO from Munich Re subsidiary 4. Japanese insurers double down on tech to weather disaster risks 5. SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024Resource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
