News
Lonpac expected to hold 7% of Malaysia's market
Lonpac expected to hold 7% of Malaysia's market
The company has demonstrated consistent capital growth over the past five years.
Nearly 9 in 10 Australian insurers commit to net-zero targets by 2050
Extreme weather events cost homeowners approximately $4b annually.
Allianz may drop $1.63b bid for Income Insurance: Report
Sources familiar with the matter told Bloomberg.
QBE Capital Global's outlook stable: AM Best
The ratings reflect the strategic importance of both entities within the QBE group.
Global health insurance market to reach $6.2t by 2032
Key drivers include the ageing population and a rising prevalence of chronic diseases.
Huize plans expansion in Singapore, Philippines
Its Q3 2024 gross written premiums (GWP) reached an all-time high of $290m.
Delta taps Lucy Loh as Asia claims lead
Loh brings over 30 years of experience in claims management.
Swiss Re aims for $4.4b profit in 2025
Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b.
Australia's general insurance sector set to hit $96b by 2029
The market is seen to reach $67.4b next year.
Asian Gen Z confident in finance skills, lag in insurance awareness
Gen Z is projected to make up at least 25% of the APAC population by 2025.
Japan P&I Club hikes premiums 7% for 2025
The decision comes as the association grapples with a high volume of claims.
India's non-life insurance sector grows 4.41% YoY in November
Standalone health insurers saw their premiums climb 10% YoY.
Sun Life creates new role, appoints Deng to lead Asia operations
He will join the Asia executive team and report directly to Manjit Singh.
PICL to sustain a strong capital level amidst growth: AM Best
However, long-duration policies in PICL's portfolio pose reserving risks.
HDI Global appoints new heads for Marine, Technical Services
Both appointments are effective 1 January.
RACQ to sell 90% of insurance business to IAG
If completed, the transaction alter the strategic positioning of the broader group.
Manulife Hong Kong partners for cashless medical services
The cashless services cover day-case surgeries at all United Family Hospitals.
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