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Leading Group eyes Chinese market expansion post-merger
Leading Group eyes Chinese market expansion post-merger
The proposed transaction values Leading Group at approximately $430m.
AU, NZ insurance pricing flat in Q2
New Zealand’s property insurance pricing slightly rose due to natural catastrophes.
Thailand’s insurance pricing flat in Q2
Overall pricing remains flat with a slight exception in casualty/liability pricing.
Hanwha General should bolster its digital non-life subsidiary
HGI reported a consolidated ROE of 6.5% in 2023.
Only 33% of Macau insurances cover Chinese medicine
Over half identified high medical costs as a barrier to medical freedom.
AIA to simplify policy language amidst customer feedback
Difficulty in understanding the terms is seen as the top reason.
Meiji Yasuda to keep premiums modest in FY 2024 with 1.5% YoY rise
Despite the challenges, Meiji Yasuda's credit quality remains robust.
Cyber insurance market set to reach $121b by 2032
APAC is expected to experience significant growth due to rising ransom attacks.
Emerging markets in Asia propel health reinsurance growth
In smaller SEA markets, reinsurers continue to support the growth of health insurance.
Meiji Yasuda buys Allstate's American Heritage for $2b
The deal is expected to close by the second quarter of 2025.
Samsung Fire & Marine earnings see 8.2% rise YoY in H1 2024
Its customer base inched up 0.77%.
Etiqa named official fire insurer for HDB flats
Insurance premiums range from US$0.84 to US$5.07.
Over 3 million Australians lack adequate insurance coverage
Nearly 90% believe it is crucial to access financial support through their life.
China enhances online property insurance regulations
It will also restrict companies expanding to other services online.
De-risking drives reinsurance market stability
Current claims activity is increasingly influenced by medium-sized events.
Max Life's profit jumps 46% YoY in Q1 FY25
Embedded Value also grew by 30% YoY.
Sompo Thailand unveils new CEO
He has more than two decades of experience in the industry.
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