Staff Reporter
HKU Business calls to advance climate insurance in Hong Kong
HKU Business calls to advance climate insurance in Hong Kong
Asset losses from sea level rise could surpass those caused by typhoons.
Insurers urged to focus on coverage gaps, resiliency
They are also told to leverage technology strategically to improve their business strategies.
Thai Reinsurance to ride A&H losses with property, motor growth
Underwriting performance in 2025 should be stable.
Vietnam amends health, social insurance guidelines
Authorities have revised regulations on medical examination and treatment.
Sri Lanka’s insurance regulator names new board chairman
Dr. Ajith Raveendra De Mel is a senior lecturer at the University of Rahuna.
WTW launches cyber insurance facility in Singapore, Hong Kong
AI was ranked amongst the top five emerging risks in Asia.
Dai-ichi Life financial leverage to remain below 23%
The planned bonds are expected to have a call option after 10 years.
Asia-Pacific leads in marine insurance market share with 28%
Thanks to expanding manufacturing sector and increasing maritime trade.
Sri Lankan general insurers underwriting profit will improve: Fitch Ratings
Profitability in motor insurance remains under pressure.
Min Xin Insurance seen to maintain strong capitalisation
It’s balance sheet strength is supported by its risk-adjusted capitalisation.
Singapore’s personal accident, health insurance market to exceed $8b by 2029
PA&H insurance is forecast to rise 8.9% in 2024.
Indonesia sees abundant reinsurance capacity from domestic, overseas insurers: Gallagher Re
Accounts that were free of catastrophe losses in 2023 and 2024 saw risk-adjusted rate reductions.
China’s premiums grow sixfold amidst new energy vehicle adoption
But higher claims frequency and repairs challenge profit for some insurers.
Losses from large fire, Typhoon Yagi hit China's proportional treaty results
Loss-free treaties benefitted from notable risk-adjusted reductions, Gallagher Re said.
Kotak Life launches AI-powered HR assistant
Its chief human resources said it aims to modernise HR services.
Abundant reinsurance capital eases costs for ANZ property risks: Gallagher Re
Reinsurer quotations were closely aligned with fewer outliers compared to previous years.
Taiwan adds 30 services to National Health Insurance benefits
These updates will benefit about 66,000 people annually.
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