News
Hotai Insurance outlook steady with capital buffers and parent support
Hotai Insurance outlook steady with capital buffers and parent support
Net profit reached $62.7m (NT$1.9b) in 2024.
Bupa Hong Kong names Albert Fung as director of group business & partnerships
He will lead the channel services new business team, amongst other roles.
Reinsurance capital expected to rise 8% through 2025: Gallagher Re
Reinsurers will also maintain strong profitability this year.
AIA Hong Kong boosts insurance plans with Concord Healthcare access
It is part of their employee well-being programme.
Tata AIA launches index funds on India’s top 500 firms
Both funds are open for subscription at ₹10 per unit until 22 September.
Why Australians rely on reviews when picking a health insurer
Younger Australians are the most active in checking reviews.
COVID-19 insurance market forecast to grow at 6.5% CAGR
Looking ahead, the market is forecast to reach $62.35b by 2029.
China BOCOM Insurance to maintain stable performance with BOCOM support
CBIC’s earnings continue to rely on investment income.
Allianz Trade appoints Hassan Omaish as CEO for Hong Kong, Korea, Taiwan
He will take over from Edmond Lee, who is retiring after 12 years.
Asia-Pacific reinsurance sector stays stable despite soft market
The industry remains well capitalised, but Fitch cautions climate-driven volatility.
Long stay travel insurance market to bag $4b in 2025
By 2029, the market is expected to reach $5.04b, expanding at a CAGR of 7.1%.
Hong Kong Insurance Authority urges joint effort in risk management
HKIA highlighted its ongoing collaboration with insurers and academics.
Singapore scams fall with 791 new insurance cases reported
Victims lost about $16.6m (S$21.3m) in total.
Proposed net cash flow tax to raise Aussies’ insurance costs: industry body
The council suggested scrapping stamp duties on insurance, amongst others.
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
Aussie insurance body urges strata law reforms to counter rising premiums
Building defects cost $1.3b annually for residential apartments across Australia.
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
It is also issuing new USD subordinated dated capital securities.
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