Staff Reporter
S.Korea insurance industry to see 4.7% jump in GWP in 2027
S.Korea insurance industry to see 4.7% jump in GWP in 2027
This is due to a regulatory proposal to deregulate digital insurance innovations.
Koh Beng Seng bows out as Great Eastern chairman
He will step down from the post on 21 April.
GIAJ lays down countermeasures vs. illegal home repairers
They disseminate information to areas affected by natural calamities.
95% of companies in India do not offer term life insurance to employees
Less than 5% of them provide comprehensive insurance and benefits.
GIA Singapore beefs up travel insurance fraud efforts
It will use Shift Technology's claims fraud detection system for the initiative.
Generali Asia grows net results by 2.3% in 2022
The insurer said it achieved its best operating result last year.
Ping An’s net profit drops to RMB83.8b in 2022
The insurer attributed the decline to the volatility of capital markets.
Prudential’s new business profit drops to US$2.18b in FY22
The insurer attributed the decline to higher interest rates and business mix effects.
How inclusive are life and health insurance markets in Asia?
Japan has the most inclusive L&H market in Asia.
India's first-year premiums drop 16.8% YoY in February
CareEdge Ratings attribute the decrease to the YoY decline in group premiums.
Allianz to operate global commercial insurance business under new model
It will serve the segment as one go-to-market business.
Prudential plc joins Shanghai-Hong Kong Stock Connect programme
Stocks of the insurer will now be included in Southbound trading.
4 in 5 life insurance owners felt 'financially secure’
Four in 10 believed that financial concerns affect one’s mental health.
Gross premiums of HK general insurance soar 4.5% in FY2022
The industry earned $64.6b.
Mosaic Insurance opens new Singapore Office
The new office will expand the company’s transactional business across APAC
Hannover Re APAC P&C combined ratio plunges to 126.1% in FY2022
APAC P&C fell to a $576.2m loss due to expenditures from the pandemic and disasters.
AIA Group VONB dips 5% YoY
But, its VONB for 2H2022 rose to 6%.
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