Staff Reporter
Thailand’s non-life insurance rebound in 2023 driven by higher premiums
Thailand’s non-life insurance rebound in 2023 driven by higher premiums
The market recorded an underwriting gain of THB13.0b in 2023
Thai Life Insurance maintains solid capitalisation, says Fitch
Its new business value (NBV) margin remained stable at 62%.
Japan's insurance market to grow $47b by 2029
The ageing population is boosting demand for long-term care.
Tune Protect profit skyrockets in FY 2024
EPS stood at $0.018 (RM0.08).
16% plan insurance exit as Australian premiums spike
But 41% of Australians will keep their current provider.
Philippine deposit insurer raises maximum coverage to P1m
Previously, the MDIC amount was $8,630.44 (₱500,000).
Insurers shift from traditional to real-time risk analysis
Thanks to increased AI-adoption, threats are also rising with phishing attacks up 135% in 2 months.
Singlife Financial Advisers unveils new CEO
Before this role, he held leadership positions at Singlife and Aviva Singapore.
Singaporean women feel more financially secure than past generations: survey
Only 12% expect full financial support from their own children as they age.
Australia opens consultation for annuity products capital settings
The key proposal will modify the calculation of the ‘illiquidity premium’.
Swiss Re appoints new CUO, Patrick Raaflaub to retire
Raaflaub will retire by the end of September 2025.
SEADRIF, FAO partner to assess Agricultural Risk Finance Facility
Both seek to address this by improving access to data, models, and insurance.
Grandtag Financial reels in new chief proposition officer
They have over two decades of experience.
This week in insurance: Australia's insurance sector faces cost pressures
6 in 10 Australians said they are willing to spend more on protection against disasters.
Insurers, governments must address longevity challenges together
People in developed countries tend to underestimate their lifespans.
Swiss Re bags $3.2b profits, rises 3.1% YoY in FY 2024
The company targets a net income of over $4.4b for 2025.
Muang Thai Life’s profitability set for medium-term recovery
Fitch also projects capitalisation to stay stable in 2025.
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