News

Cambodia’s life insurance policies doubled in September

The industry saw $25m in gross premiums for the month.
13 hours ago

Cambodia’s life insurance policies doubled in September

The industry saw $25m in gross premiums for the month.
13 hours ago

Philippines ends provisional insurance licenses

The commission wants to ensure that agents with regular licenses are allowed to sell.
14 hours ago

Vietnam nears 2025 social insurance goals, projected 20 million participants

By 2024, health insurance participants is seen to reach 95 million.
14 hours ago

Government backing ensures Korea Trade Insurance's solvency

Moody's views government support as near-certain, given K-SURE’s designation as a public institution.
15 hours ago

Manulife HK, Macau reels in new Chief Agency Officer

He joined Manulife in 2019 as asst. Vice President, head of DBS Bancassurance.
15 hours ago

7 in 10 Gen Zs doubt health in old age

Prudential emphasised the role of financial planning to manage future healthcare costs.
16 hours ago

Gallagher Re launches global tropical cyclone research consortium

Tropical cyclones have caused $710b in insured losses globally since 2000.
17 hours ago

China Re's profitability consistent over five years: AM Best

Under IFRS 17 and IFRS 9, consolidated capital and surplus rose by 4.8% to $14.4b.
17 hours ago

South Korea’s general insurance sector to hit $33.3b by 2029

Liability insurance, the second-largest segment, is expected to expand by 12.2% in 2024. 
18 hours ago

India's insurtech revenue grows 12-fold to $750m over five years

Despite this, 45% of medical expenses are paid out of pocket.
1 day ago

Protection and indemnity combined ratio drops to 96% in 2023/24

The year was dominated by the Dali incident, which occurred in March.
1 day ago

Sompo Holdings' net profit soars by 99% to $1.7b in H1 2024

Ordinary income rose by 11.4% to $19.23b.
1 day ago

MAS updates rules on life insurance product launches

The changes aim to ensure adequate regulatory oversight.
1 day ago

Fitch expects Generali to back Hong Kong life unit’s expansion

Given its previous capital injections of HK$735m from 2018 to 2022.
1 day ago

China's insurance sector posts strong solvency in Q3 2024

China's insurance sector has maintained steady operation and adequate solvency in the third quarter, according to the National Financial Regulatory Administration.
1 day ago

Worldcare rebrands as Allianz Travel Insurance in New Zealand

It now allows travellers to customise insurance packages.
1 day ago

China urges insurance firms to increase underwriting support for SMEs

The notice said banking institutions should continuously optimise financial services.
1 day ago