News

Zurich cuts over half of air emissions through ESG initiatives

Sustainability measures lead to 60% reduction in emissions.

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.

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.

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.