News
Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September
Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September
Both life and non-life sectors recorded double-digit growth.
Allianz-Income merger in limbo as parties weigh new rules
A CEO said there is no guarantee that any transaction will take place.
HDI Global launches first complete ESG liability coverage worldwide
It was initially offered in Italy, Spain, and Portugal.
Sun Life Hong Kong expands SunJoy Global currency options
It also extended its medical services coverage to include several Eligible Savings Plans.
Global R&W claims notifications fall 21%
APAC, however, reported the lowest R&W notifications in three years.
ICCSC launches plan to boost insurance trust in Singapore
Trust indicator scores for general insurers were between 73 and 76.
3 in 10 diabetics struggle to afford appropriate care, coverage
Mental health is also affected, as 65% of diabetics report negative impacts.
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Taiwan to ease rules on insurers' interested party deals
FSC has drafted amendments to Articles 4 and 6.
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
This proposed extraction does not align with the representations made to MCCY.
Max Life to improve risk assessment with Swiss Re tech
It allows Max Life to leverage extensive health data from multiple sources.
Cambodian insurers’ premiums climb 5.3% growth in September
The number of policies in the general insurance market dwindled by 19.1%.
Yingda Taihe Property Insurance expected to keep low investment risk
It’s risk-based capitalisation was supported by increased retained earnings.
China to boost commercial insurance annuities
It also plans to establish a regulatory framework for its supervision.
Pet insurance market to grow $30.1b by 2028
Estimates show more than 500 million companion animals in the world.
CPFIS funds' annual returns rise to 14.71% in Q3
Its quarterly average return, however, fell to 2.54% from 3.11% in Q2.
Reinsurance costs challenge New Zealand insurance earnings
2024 experienced fewer significant weather events, alleviating claims expenses.
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