News
Poultry insurance sees growth from diet changes
Poultry insurance sees growth from diet changes
High costs, especially for large-scale operations, still pose a challenge.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
Chinese insurance tech meets auto giants in new deal
The company plans to develop a solution for traditional automakers in two years.
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
Kyobo Life reports $6b gross premiums in H1 2024
However, investment profits dropped 41.4% QoQ.
MAS to assess capital plans in Allianz-Income deal
It will evaluate if Allianz’ acquisition meets regulatory requirements.
Cosmetology liability insurance market to grow by 5%
The cosmetics and beauty industry has also noted a rise in employment.
India approves health coverage for seniors aged 70 and above under AB PM-JAY
Eligible citizens will receive $6k (₹5 lakh) free health insurance coverage per year.
Reinsurers adjust costs, aerospace premiums unaffected
Market has remained competitive, driven by overcapacity and stable demand.
Co-operative Insurance boosts governance, eyes profit
It also appointed a new CEO early this year to boost efforts.
People's Insurance invests heavily in fixed-income
Its combined ratio also showed mid-year recovery.
Aviva-COFCO's solvency ratio drops to 240%
ROE averaged 9.7% from 2022 to H1 2024.
China tightens supervision in the insurance sector
Foreign institutions that meet eligibility criteria will be supported.
HDI Global integrates GenAI for international programmes
HDI is also providing ongoing training to expand its workforce skills in GenAI.
Delta International shows solid underwriting in APAC markets
AM Best said the insurer’s tech infrastructure boosted overall GWPs.
Continental Insurance’s health segment better than peers despite pressures
The segment contributed 32% of total GWP last year.
DPL Insurance to maintain moderate growth, prudent earnings
For fiscal year 2024, its ROE was at 14.3%.
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1. Tata AIA funds beat benchmarks with strong five-year returns 2. IndiaFirst Life signs bancassurance deal with DNS Bank 3. Why 9 in 10 APAC insurers hold stable outlooks 4. Cost and low awareness limit health and life insurance uptake 5. Universal life insurance market to reach $132.3b by 2033Resource Center
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AI isn’t replacing insurance, it’s finally making it work