News
ICICI Lombard General’s capitalisation steady in the medium term
ICICI Lombard General’s capitalisation steady in the medium term
The company is expected to enhance its underwriting risk selection.
Health insurance market to reach $5t by 2032
In India alone, an estimated 1.5 million new cancer cases were reported in 2022.
FMG Insurance Limited's pricing strategy to boost stable operations
However, its financial flexibility is limited.
Liberty Mutual's net income hits $4.4b in FY 2024
For the year, revenue increased by 1.6% YoY to $50.2b.
Singlife’s new endowment plan allows add-on savings
The plan guarantees 100% capital protection at maturity.
Smartpay, Chubb launch embedded insurance in Japan
Cashless payments account for 50% of consumer monthly spending in Japan.
New Zealand life insurance registers 2%-5% average growth
Claims accepted are at their highest level since 2020
Vietnam proposes updates to deposit insurance law
It aims to strengthen the role of the Deposit Insurance of Vietnam.
Australia’s P&C could face $1.3b insured losses from Cyclone Alfred
The cyclone is forecast to make landfall on 7 March.
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
Philippine HMO industry net income soars 123% in FY 2024
The sector posted a net income of $16.7m.
AXA XL Insurance unveils new Asia CEO
She succeeds Gilles Fromageot.
ICA proposes A$30.15b flood defence fund
Last year saw 41 million policies issued for households and businesses.
Ping An integrates AI, big data roles in latest recruitment
The AI aims to assist in job matching, interviews, and salary negotiations.
Philippine pre-need income doubles in Q4 2024
Also, the sector’s total assets grew by 8.12%.
Canopius bolsters APAC team with new head
He has more than 20 years of experience in the insurance industry.
WTW launches AI tool radar vision for insurers
It aims to improve underwriting profitability and reduce costs.
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Awards
Jul
08
Event News
Hewison highlights how insurers must balance innovation with trust, compliance, and societal impact to remain resilient and relevant in an increasingly complex landscape.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs