Staff Reporter
Asei battles weak underwriting, high reserves in 2024: Fitch Ratings
Asei battles weak underwriting, high reserves in 2024: Fitch Ratings
Underwriting performance deteriorated, with combined ratio surging to 187% in ‘24.
Thai insurers tighten underwriting for flood-prone areas
Political uncertainty is also limiting near-term growth.
Great Eastern reduces stake in Boost Holdings
This was a result of an increase in BHSB's issued and paid-up share capital.
Cyber insurance expansion challenged by exposure limits
Industry insiders cited risk assessment as the biggest concern.
InsuranceDekho boosts agent network by 92% in 2024
It also aims to expand its footprint to six lakh villages.
Tokio Marine & Nichido Fire underwriting profits to improve amidst rate hikes
Fitch expects premium rate increases to continue driving better underwriting results.
Great Eastern’s FY 2024 earnings surge 30% YoY
EPS was at S$2.10.
6 in 10 Australians willing to spend more on protection against disasters
RAA CEO warned extreme events are driving up insurance costs.
APRA withdraws cloud outsourcing paper
It will be replaced with a new standard which introduces formal supervisory oversight.
HDFC Life launches new life plan
Additional features include the option to extend life coverage to a spouse.
Bupa adds voluntary health plan in Hong Kong portfolio
It offers high annual benefit limits with no lifetime cap.
Manulife, Maybank unveil new retirement investment plan
The plan utilised a glide path approach, which adapts to a client's evolving needs.
Why India’s deposit insurance should increase
Currently, premiums are charged at a flat rate.
QBE Insurance slated for earnings improvement – S&P Global Ratings
The insurer outperformed catastrophe loss projections.
YF Life Insurance International faces challenges in new business margin
Fitch anticipates it will continue focusing on capital efficiency and product diversification.
How much can insurance job hoppers in Hong Kong negotiate this year?
Insurers are also targeting professionals in the banking industry.
Rising medical costs put pressure on Thai health insurers: Allianz CEO
Public spending on health may be unsustainable in the long run.
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