Staff Reporter
Insurance market to hit $44.8b by 2032
Insurance market to hit $44.8b by 2032
APAC is the fastest-growing market for insurance analytics.
Japanese insurers tighten underwriting amidst Q2 market challenges
This called for a careful evaluation of risk retention and risk transfer strategies, Aon said.
Sompo Holdings net income expands in Q1 2024
Net income per share stood at $0.83.
Dai-ichi Life’s Q1 2024 profit soars 41.1% YoY
Revenues inched up 0.52% YoY.
Generali’s net result dips 9% YoY in H1 2024
Adjusted earnings per share stood at €1.31.
China’s insurance pricing goes down in Q2
Automobile insurance felt ‘contraints’ in capacity.
Tourism surge leads to more uninsured patients at Japanese hospitals
Nearly 30% of visitors to Japan are uninsured.
S'pore insurers see flat pricing in Q2 2024
Thanks to new market entrants amidst mixed trends.
Hong Kong insurance market remains ‘soft’ in Q2 2024
Overall pricing remains competitive as new businesses emerge.
Shin Kong Life sees solvency boost from parent company’s aid
Fitch expects SKL’s solvency position to stabilise further with an additional $0.43b.
Australian pension funds turn to catastrophe bonds for higher returns
Australia’s pensions industry brings over A$2b inflows weekly.
Deloitte Southeast Asia’s Lim Siang Thnia highlights need for insurers to evolve to mitigate risks, maximise growth
As the operating environment changes, insurers should focus on creating a work environment focussing on innovation and digital expertise.
Nexus names new deputy head for A&H reinsurance
Her role will involve increasing the regional broker network.
Prudential’s joint venture gains attention after Q2 report
The Q2 2024 solvency report, though brief, reveals some concerning trends.
Munich Re’s net profit soars 40.6% YoY in Q2 2024
The company hopes to reach $5.5b by the end of the year.
Beazley’s H1 2024 profit jumps two-fold
Earnings per share stood at 68.7 pence.
Aon names new leader of aviation reinsurance
He joined Aon back in 2015.
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AI isn’t replacing insurance, it’s finally making it work