News

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.  

Canara HSBC introduces real-time sales task management

The platform helps sales teams plan, execute, and monitor activities.