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APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
S&P warns of strained profitability for insurers due to climate events
Last year was the fourth straight year insured losses surpassed $100b globally.
Tokio Marine Kiln enhances APAC team with new underwriter
She brings over 20 years of marine insurance experience.
Contractor errors and defects fuel offshore wind project losses
This accounted for over 60% of insurance claims in 2022.
BMS reels new Chief Broking Officer
He brings over 30 years of experience in the industry.
Singlife introduces Legacy IUL for affluent market in Singapore
It’s coverage starts from $250,000 for death and terminal illness protection
Reinsurance capital to rise 9% to $620b in 2024
Risk appetites continued to improve through H1 2024.
Insurers face pressure to modernise with self-service tools.
Insurers face pressure to modernise with self-service tools.
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.
Insurers struggle to track technology investment value
Insurers face challenges in measuring ROI.
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.
Thought Leadership Centre
Most Read
1. Aon to acquire Mitsubishi Chemical Group’s insurance agency 2. Singapore’s life insurance slated for $43b premiums in 2029 3. MAS updates rules on life insurance product launches 4. APAC emerges as leader in renewables insurance 5. Rising healthcare costs drive growth in Indian insurance: McKinseyResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
