News
China motor insurance market to rise 5.2% this year
China motor insurance market to rise 5.2% this year
New energy vehicles are gaining traction in China’s vehicle market.
Zurich, Indosat partner to synergise telecom and insurance offerings
100 million Indosat users will have access to Zurich’s products.
Nan Shan Life's investment strategy solid across currencies
S&P also expects the insurer to maintain its current investment risk exposure.
Tong Yang Life's profit prospects strong under new ownership
Woori FG is supported by Woori Bank, one of Korea’s domestic systemically important banks.
HSBC Life hits HK$24.7b in new business premiums
Annualised new premiums accounted for 19.7% of the market total.
China Re’s H1 2024 net earnings triples to $830m
EPS stood at RMB0.13.
Sun Life’s new hire to oversee digital platform expansion
He was formerly with Prudential.
Allianz becomes largest spending insurance brand in sports in 2024
The company has 52 sports sponsorship globally.
ILS market expands to $46b amidst rising reinsurance prices
Investors have reaped substantial benefits from wider risk margins.
Global reinsurers increase natural catastrophe exposure by 14%
In 2023, global insured losses from natural catastrophes reached $108b.
South Korea’s insurers bag $7b in earnings for H1 2024
This was equivalent to a 2.8% YoY rise.
Miller names new sports and entertainment head for APAC
Krishnan's previous roles include positions at the Singapore Sports Council and ESPN STAR Sports.
4 in 5 Singaporeans prioritise health over wealth
61% viewed health as the foundation for pursuing life goals.
Hong Kong’s insurance premiums climb 5.1% YoY in H1 2024
Both long-term and general business recorded YoY growths.
Toa Re’s improved underwriting to boost financials overtime
Its FY 2023 net profit saw $110m.
Reinsurers see 6% growth in premiums
Reinsurers faced changes driven primarily by the implementation of IFRS 17.
Japan’s Shanshan brings major losses
The typhoon reached peak intensity on 27 August.
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AI isn’t replacing insurance, it’s finally making it work