News

India's non-life insurance slightly dips by 0.33% in December

On a year-to-date (YTD) basis, the industry jumped 7.82%.

Manulife’s new single-premium policy offers annual yield of 4%

The policy is available for a minimum premium of $3,650.

T. Rowe Price boosts Asia team with senior hire

She brings over two decades of experience in investment and research.

Miller sets footprint in Korea

The Korean office will be led by David Kim.

Allianz China, Fudan University partner to boost insurance research

The centre will focus on tech, risk management, and ageing population.

Rate pressure continues in aviation insurance: Gallagher Re

The Jeju Airline loss calls for revising airline insurance pricing.

Asahi Life’s capitalisation boosted by robust underwriting: Fitch

The company’s core profit margin increased to 16% in the first half of FY 2025.

Philippines set to increase deposit insurance in 2025

The PDIC’s current maximum insurance coverage amount is at $8,522.32.

New reinsurers enter Korea’s property treaty market, says Gallagher Re

Competition was more intense for excess of loss placements compared to pro rata.

EGIB balance sheet strength underpinned by risk-adjusted capitalisation

Its balance sheet strength achieved its ‘strongest’ level at year-end 2023.

Three insurers sign MoU to expand auto insurance in Hong Kong

The MoU will help in developing insurance for EVs.

India’s insurance penetration slumps to 3.7% in FY 23-24

Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24. 

MPM Insurance’s profits stable, bolstered by investment yields

The company's GPW grew by 23% in the first nine months of 2024.

HKU Business calls to advance climate insurance in Hong Kong

Asset losses from sea level rise could surpass those caused by typhoons.

Insurers urged to focus on coverage gaps, resiliency

They are also told to leverage technology strategically to improve their business strategies.

Thai Reinsurance to ride A&H losses with property, motor growth

Underwriting performance in 2025 should be stable.