Staff Reporter
Prudential forecasts brighter outlook as Jefferies highlights surplus
Prudential forecasts brighter outlook as Jefferies highlights surplus
Key test is whether Prudential can deliver its $4.4b surplus release target.
Vietnamese student health insurance coverage reaches 98.4% in 2025
In the first half of 2025, the fund paid out $84.7m for 4.3 million student medical visits.
Insurance Council of Australia supports Treasury climate framework
It also called for guidance to cover both decarbonisation and adaptation.
Insurance third-party administrator market set to more than double by 2032
Growth is driven by rising demand for health insurance.
Australians show stronger knowledge of home insurance excess
Versus their Canadian and American counterparts.
Hong Kong-listed Chinese insurers draw record Southbound inflows
Monthly net Southbound inflows into insurers reached $1.8b in July.
This week in insurance: India slows, Singapore scam losses hit $16.6m, Tata AIA launches new funds
Also, most Australians rely on customer reviews when choosing a health insurer.
Samsung Fire & Marine Insurance posts stable earnings outlook
Its underwriting remains stable with a low combined ratio, AM Best said.
Sompo appoints Alessandrea Quane as CEO for international markets
She will report to James Shea, CEO of Sompo P&C.
AIA Group names Ben Ng as group chief risk officer designate
Ng will be based in Hong Kong.
Zurich Malaysia launches EV insurance with charger cover
Zurich has also partnered with Gentari Green Mobility to boost EV charging visibility.
Crop insurance set to grow 6.9% annually through 2029
Growth is driven by use of advanced weather prediction systems.
Insurers expected to face demand for extended statutory liability cover
Directors and officers will also face higher personal accountability.
Aerospace insurers tighten discipline after late 2024 airline losses: WTW
Premiums have stayed flat despite rising aircraft values.
Taiwan drives higher reinsurance prices after 2024 earthquake losses
Despite the loss activity, capacity remained strong.
How Japan's non-life insurers record $12.4b net income in fiscal 2024
As of 30 April, 57 general insurance companies were operating in Japan.
Aon launches specialist claims unit to boost insurer’s profitability
The business will be led by global co-heads Veronica Judice and David Griffiths.
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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