News
Hong Leong’s underwriting profitability to continue
Hong Leong’s underwriting profitability to continue
Its shift toward fixed-income securities is expected to reduce volatility.
Meiji Yasuda's LGA buy to boost core profits: Fitch Ratings
Core profits could rise $59m yearly.
APAC insurers stable despite LA wildfires, says Fitch
Japanese non-life insurers operating in the US are expected to manage their losses.
Asia sees rate reductions, Japan maintains firm pricing: Aon
Underwriting remains disciplined across Asia, particularly in Japan.
HDFC Life, Policybazaar launch new term insurance
It offers a 100% claim assurance.
Allianz Commercial reels new regional had of financial lines, cyber
She holds more than 20 years of experience.
60% of Singaporeans overlook sustainability in finance
Only a fifth of respondents are aware of investment products linked to sustainability.
Manulife Asia announces leadership overhaul
Phil Witherington will assume the role of President and CEO of Manulife on 9 May.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
KB Insurance earnings up 9.1% to $6b in FY 2024
Thanks to higher revenues, which increased 3.8% YoY.
Insurance investors to boost allocations abroad this year
Majority of insurers concerned about demographic shifts and AI.
Allianz, IAG eye RAC insurance acquisition
The insurer has engaged Barrenjoey to conduct a strategic review of the business.
Reinsurance market to hit $539.3b by 2029
Non-life should see revenue growth, driven by demand for property, motor.
Allianz reveals India’s first multiple-coverage health plan for women
It covers critical illnesses, maternal and reproductive health, and wellness.
Health insurers struggle with fraud, waste and abuse detection methods
More than 80% of insurers reported provider-induced FWA.
Talanx projects 25% net income rise in FY 2024
The company foresees a return on equity of 17.8%.
Meiji Yasuda plans acquisition of US-based Banner Life
The sale is estimated at $2.3b.
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1. Chubb names ex-AIG exec to lead commercial P&C in APAC 2. How 56% of insurers plan to boost data analytics use 3. Prudential raises over $530m from ICICI Prudential AMC sale 4. Universal life insurance market to reach $132.3b by 2033 5. Cost and low awareness limit health and life insurance uptakeResource Center
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AI isn’t replacing insurance, it’s finally making it work