News
Japanese life insurers poised to surge $350b by 2028: GlobalData
Japanese life insurers poised to surge $350b by 2028: GlobalData
The industry should increase 4.6% in 2023.
Aon revenue jumps 7% YoY in 2023
Net income for the year fell to $2.6b.
WTW's new parametric policy protects vulnerable South Pacific reefs
The coverage allows for rapid payouts, supporting reef recovery efforts and community assistance activities following cyclones.
S’pore regulator proposes simplified process for affordable insurance policies
MAS now proposes to reduce information requirements for term life insurance and standard critical illness policies.
Orderly 2024 reinsurance renewals show stability amid industry concerns: S&P Global
Reinsurers are showing interest in the property catastrophe business, benefiting primary insurers.
AXIS Capital's 2023 net income soars 79.2% to $346m
Its book value per diluted common share witnessed an uptick to $54.06.
Sunshine Insurance to have strong capital by '23-'24 with $970m bonds
The insurer will likely maintain a large holding of high-risk assets for better yield.
RenaissanceRe reports $2.5b 2023 net income
Its underwriting income stands at $1.6b.
Japanese non-life insurers navigate uncertainty despite stable outlook: AM Best
AM Best emphasises the need for a strategic approach to risk management.
Only 5% of real estate investors confident about having proper insurance
According to a WTW report, 64% of real estate managers struggle to secure suitable insurance in hardening market.
Taiwan insurers reach $3.1b profits in December ‘23
The overseas investments of life insurers yielded net gains of $16.5b.
Sri Lanka's non-life insurers grapple with profitability under new premium directive: Fitch Ratings
NITF's failure to renew reinsurance cover for SRCCT and the non-renewal of retrocession cover pose risks to its capital position and earnings.
Sun Life HK expands healthcare services for cross-border residents
The high demand for this expansion is driven by demographic shifts and government support for medical collaboration between Guangdong and Hong Kong.
HK regulator sets 50% insurance mandate for cryptocurrency exchanges
Thirteen entities are currently in the application process for virtual asset trading licences.
Leonteq extends digital offerings to insurers
The platform allows real-time monitoring.
FTLife taps various industry players to expand business network
The move aims to expand the insurer’s reach in the GBA.
Myanmar embraces ASEAN integration with cross-border auto insurance launch: Report
Myanma Insurance will provide coverage in Myanmar.
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work