News
Aon's new framework to enhance insurer profitability
Aon's new framework to enhance insurer profitability
It focuses on uniting capital and portfolio strategies ahead of January 2025.
AXA expected to sustain strong financial performance in next 12 months
AXA's capital strength remains solid, with a Solvency II ratio of 227%.
Co-op Life benefits from favourable underwriting results
AM Best expects continued robust pricing and positive investment income.
Insurers struggle to track technology investment value
Insurers face challenges in measuring ROI.
DB Insurance’s capital to remain resilient amidst hostile environment
Its operating performance is supported by its underwriting performance.
Japan's insurance market tightens amidst increased disasters
Japan’s 3 major groups account for 86% of net premium income.
India gov’t to sell 6.8% stake in General Insurance Corp
The stake will be sold at a floor price of INR395 per share.
Rate hikes likely to boost Tokio Marine & Nichido Fire’s domestic non-life growth
The insurer has maintained a solid return on equity of 7.4% from 2019 to 2023.
Income Insurance launches first hourly travel coverage
The product replaces the previous version, which was limited to Bintan, Batam, and Malaysia.
HK plans streamlined process for overseas insurers amidst stellar performance
Chairman Yiu attributed the industry’s standing to the RBC regime.
China's insurance reforms aim to support smaller insurers
However, larger insurers continue to dominate the market.
How much do Singapore’s executives care about cyber insurance?
The rise of AI presents opportunities for both businesses and cybercriminals.
Zurich expands APAC commercial division with two new heads
Both heads will be based in Singapore.
Cathay Insurance benefits from diversified investments, strong liquidity
Its consolidated adjusted capital and surplus grew by 16% end-2023.
Zurich Financial Services, Mandala unveil first climate risk index for tourism
Half of Australia’s tourism assets are classified in an elevated risk category.
Insurance sector to capitalise on $54b BESS investment by 2024
Renewables could generate $237b in premiums by 2035.
Construction insurance sector set for growth with energy, utility projects
Energy and infrastructure projects are expected to climb 7.8% and 5.1%, accordingly.
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AI isn’t replacing insurance, it’s finally making it work