News
What lies ahead for airline insurance market in Q2 2024?
What lies ahead for airline insurance market in Q2 2024?
It is grappling with uncertainties surrounding leased aircraft claims originating from Russia.
Philippines receives over 13,000 claims from local planholders
More than 5,000 claims were personally filed by planholders.
Capital strain looms for Guoren P&C amidst delayed shareholder injections
It could impact the company's ability to withstand fluctuations in its equity base amidst a volatile capital market.
Korean insurers face tax challenges amidst IFRS 17 adoption: Report
The sudden increase in reserves has triggered calls for regulatory adjustments.
Allianz Q1’24 profit sees 6.8% YoY jump
The growth was driven by its P&C segment.
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
Helia Insurance’s CAR will remain afloat for the next 2 years
Its monoline business and reliance on a single customer pose concentration risks
Everest Insurance establishes presence in APAC
It opened its first office in Australia.
Improvement in underwriting bolsters Taiwan Life's outlook
Earnings may remain volatile due to the high proportion of interest-sensitive products.
Rising claims spark fears amongst New Zealand home buyers
CEO urges insurers to ensure insurance accessibility.
IRDAI sets rural coverage mandates for insurers
Coverage providers must offer a minimum level of protection in villages.
Indonesia's life insurance to reach $12.1b GWP by 2028
Endowment insurance is forecasted to decline by 7.0% in 2024.
BMS appoints new Auckland director
Richmond previously with Marsh in various global roles.
FWD Insurance launches affordable microinsurance for Malaysians
Qaseh Bakti Plus offers three plans for individuals aged 18 to 55.
Allianz, GIFT, doctorShare boost remote healthcare in Indonesia
The initiative provided floating hospitals to remote islands in the country.
Global trade risks prompt exporters to consider insurance
45% of Chinese exporters are expecting their turnover to grow this year.
Insurance loyalty rises despite market challenges – Bain & Co.
Consumers increasingly value insurers excelling in ethics, legacy protection, and anxiety reduction.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness