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Hanwha Life Insurance outlook revised on stronger profitability
Hanwha Life Insurance outlook revised on stronger profitability
This reflects improved product mix, strong distribution via its subsidiary.
QBE Insurance Group could see 5% revenue growth in 2025
It also has a stable outlook thanks to expectations of continued underwriting discipline.
Vietnam digitises unemployment insurance process to boost service access
The procedure applies to regional and district-level social security office.
South Korea insurance capital dips to $1.81t in Q4
Under transitional measures, the industry-wide K-ICS ratio dropped to 206.7%.
FSC revises digital insurance rules to boost innovation in Taiwan
It will also open the digital insurance sector to non-financial backers.
BRI Insurance gains from property, credit lines in premium surge
The insurer’s regulatory RBC ratio stood at 374% at end-2024.
This week in insurance: Prudential’s new CEOs, PH push for private riders benefits, India lacks coverage awareness
In India, only a third of policyholders are aware of the coverage details of their health insurance plans.
Prudential appoints Naveen Tahilyani and Rajeev Mittal to key leadership roles
Both will carry the title CEO.
China insurance assets rise 13.9% to $5.03t in Q4 2024
Property and casualty insurers recorded $406b in assets.
Howden reports 33% surge in demand for political risk insurance
Trade credit insurance has also recorded annual profits over the past decade.
HDI Global’s Q1 2025 earnings jump 35.6% YoY
Performance was also driven by business growth and inflation-related adjustments.
Malaysia urges youth to apply for i-MULA subsidy before funds run out
Out of the $1.15m, $598,000 has already been disbursed.
Taiwan insurers post $30.7b in Q1 pre-tax profit for 2025
Both life and non-life insurance markets recorded YoY contractions.
Tower to maintain strong capital levels despite recent payouts
AM Best expects Tower’s adequate operating performance to continue.
P&C insurers stuck with costly legacy tech, McKinsey warns
Legacy platforms are driving up IT costs and limiting operational agility.
Ping An P&C settles 10,400 claims after Beijing hailstorm
The storm produced hailstones larger than 3 cm in diameter.
Philippine insurance penetration rises to 1.89% in Q1 2025
Insurance density also grew by 13.40% YoY.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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