News
Investment risk to concern China BOCOM Insurance – AM Best
The insurer’s operating performance is deemed adequate.
Investment risk to concern China BOCOM Insurance – AM Best
The insurer’s operating performance is deemed adequate.
Philippine reinsurance costs to hike from climate change impact
Driven by the high risk of natural disasters amidst climate change, non-life insurance plans may become more expensive.
Less than half of APAC’s natural disasters were insured in the first semester 2023: Munich Re
Calamities that occurred during the period reaped losses worth $7b.
Singapore’s life insurance premium down 17% in the first half of 2023
Single-premium policy’s performance dragged the overall sector’s result.
Global M&A landslides in H1 2023, APAC falls 9%
Insurer M&A downfall will not stay long, the firm said.
Generali Asia life segment operations down 18% but drive group’s savings line
Group-wide, operating results jumped 28%.
QBE Asia revenue climbs 6.3% in H1 ‘23, group pencils $8b
Group-wide, this was a 12% increase year-on-year.
Allianz records higher profits in Q2
It was mainly driven by life/health and property-casualty business segments.
Qoala set on pioneering the future of Malaysian insurance
Discover how Qoala’s product aggregation, omni-channel approach and affordability reshape Malaysia’s insurance landscape to benefit all.
Micro-insurance protection jumps 22.5% in the Philippines – Q1 2023
Individuals covered also climbed 15.4% to 51.70 million.
Tokio Marine HCC acquires renewal rights for US insurer’s portfolio
Employees of the US insurers will transition to Tokio Marine HCC.
Manulife’s back in the black with C$1b net income in Q2
Core earnings per share is 6% higher at C$0.83, its latest financial results showed.
Oslo-based P&I insurer acquires Singapore’s EF Marine
The merged entity will operate under the Hydor brand, employing 34 individuals.
China’s regulator calls insurers to make haste for recent flood-affected areas
Chinese insurers have received a total of 117,600 claims.
Will Field returns to Chubb
He will be the head of Casualty in Asia starting first quarter of 2024.
Nine out of 10 HK, GBA policyholders trust their personal data with insurers: Survey
Personalisation, improved claims, and cost savings influenced their trust.
Australia’s calamities widen the gap in availing home insurance: Report
Since January 2020, insurers have dealt with approximately 788,000 claims due to natural disasters.
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Insurance fraud prevention with SAS: Strengthen today's strategies with tomorrow's solutions
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Through insightful discussions, industry stakeholders will uncover effective strategies and tools, including SAS analytics, to combat evolving fraud tactics and regulatory challenges.
Through insightful discussions, industry stakeholders will uncover effective strategies and tools, including SAS analytics, to combat evolving fraud tactics and regulatory challenges.
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