News
Southsure Assurance profitability tied to revenue control: Fitch Ratings
Southsure Assurance profitability tied to revenue control: Fitch Ratings
Limited presence and exposure to possible regulatory intervention challenge its profile.
Travel credit insurance CAGR to exceed 10% through 2032
The region was noted as an emerging market in this industry.
AIA’s value of new business slated for 23% growth for Q4 2024
But challenges in Malaysia and Thailand could weigh on performance.
Insurance Development Forum appoints new chair of operating committee
He succeeds Rowan Douglas, CEO of Climate Risk & Resilience at Howden.
Insurance business analysts rank 4th in Hong Kong jobs
Nearly half of organisations faced moderate to extreme skill shortages.
PIC Insurance Brokers appoints new COO
Graeme Edwards was the executive general manager at AIA.
IAIS sets 2025 to 2026 goals with four core objectives
Post-adoption of ICS in late 2024, the IAS is shifting to implementation.
Insurance brokers eye stable growth in 2025: S&P Global Ratings
Non-brokers will face more variable performance but likely to withstand headwinds.
Cyber ILS market taps $750m for expanding insurance
Cyber insurance market is expected to more than double in size over the next decade.
Taiping Reinsurance financials not affected by LA fires: Fitch Ratings
It also reduced its US business in recent years to limit catastrophe exposure.
Mobile phone insurance market slated for 12.8% annual growth
The market is forecasted to bag $39.29b in 2024.
Nippon Life maintains stability with strong capitalisation
Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.
Reinsurers to meet cost of capital through 2025: S&P Global Ratings
Favourable reinsurance pricing continues to support profitability.
Singlife GCEO addresses declining CEO confidence trend
Economic volatility, technology risks, and workforce challenges weigh on industry leaders.
Chinese consumers most receptive to AI-driven premiums
Australians were the least receptive.
MS Amlin boosts Phoenix Re Capacity to $9m for APAC reinsurance
This marks a 12.5% from 2024.
Canara HSBC introduces real-time sales task management
The platform helps sales teams plan, execute, and monitor activities.
Commentary
AI isn’t replacing insurance, it’s finally making it work