News
Howden warns against over-reliance on cyber insurance
The insurance broker listed three AI threats haunting organisations.
5 days ago
Howden warns against over-reliance on cyber insurance
The insurance broker listed three AI threats haunting organisations.
5 days ago
Gallagher Re calls for nuanced view of PE-backed reinsurers
Critics warn of short-term profit strategies risking stability and trust.
5 days ago
Global exposure growth reaches 11.7% YoY
IED for Wind Japan was stable against the Yen.
5 days ago
China boosts financial services to advance new industrialisation
Insurance funds should provide long-term stable financial support.
5 days ago
Asia energy firms seek lasting insurer partnerships
Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.
5 days ago
South Korean insurers adapt to new regulations
Regulatory changes prompt tax benefits to rise and the government to support overseas expansion.
5 days ago
KDB Life grapples with high leverage, Fitch reports
The insurer’s CSM increased in 2023, reflecting a focus on profitable policies.
6 days ago
Elevated risk environment prompts challenges for reserve management
Aggressive inflation has complicated loss predictions and could underestimate severity.
6 days ago
Gov’t streamlines China’s medical insurance reimbursement system
One of the payment methods will offer a QR code option.
6 days ago
TREIF estimates $23.5m in losses from more than 450 claims
Guy Carpenter notes that the full extent of the quake’s impact on the industry is yet to be determined.
6 days ago
Aon appoints new CEO for Reinsurance Solutions in India
Shailendra Sapra will be based in Mumbai.
6 days ago
25% of employers to enhance insurance coverage in the next two years
More than half of companies are already offering health and wellbeing benefits.
6 days ago
Management addresses market demands at Jefferies call
Debt leverage remains within substantial headroom.
6 days ago
S. Korean insurers see income surge 46% YoY in FY’23
Total premium income was down 6.0% year-on-year.
6 days ago
Taiwan appoints Peng as FSC chair to enhance financial hub
Peng Jing-Jung is also an associate dean of the College of Commerce at National Chengchi University.
6 days ago
Vietnam's insurance premium revenue dips 4.3% in Q1
The decrease rate has slowed compared to previous quarters.
BNP Paribas to acquire Fosun’s 9% stake in Ageas for $774m
The acquisition will be done in two tranches.
Commentary
Critical illness coverage penetration challenges: Understanding Singaporean Struggles and Solutions
Renewables push faces climate hurdles post-COP28