Staff Reporter
Premium spikes threaten home insurance affordability in Australia
Premium spikes threaten home insurance affordability in Australia
Mainly due to rising claims and increasing costs for insurers.
Hannover Re unveils new Malaysia branch CEO
He joined the company in January 2024.
29% of micro-SMEs can't handle $10k setback despite coverage
59% of micro-SMEs have not updated their insurance since starting their business.
Regulator mandates quarterly reports for Indonesian Insurers
The requirement to submit semesterly reports has been removed.
Asteron Life to strengthen Resolution Life: Fitch Ratings
Asteron Life will form the second-largest life insurer in the country by premium.
Japan faces harsher commercial insurance terms
Four major insurers have adopted stricter underwriting practices.
Singapore’s general insurance market slated for 6.4% in 2025
Thanks to regulation, economic growth, and demand for private health insurance.
New China Life Insurance's high equity allocation could raise risky-asset ratio
The company’s financial leverage ratio increased to 12% by mid-2024.
Insurance analytics market set to reach $29.4b by 2032
Data security, privacy, and analytical workflows pose concerns.
Evergreen Partners takes minority stake in Delta International
The transaction took effect last 18 February.
Insurtech funding in APAC plunges to $193m in 2024
Seed-stage funding also declined 16% to $7.7m.
This week in insurance: Sompo splits business, Aon’s new APAC CEO, and growth across financials
FWD also announced the retirement of Richard Sun Po Yuen from the board.
Prudential, MDRT partner for agency growth and professional development
It also launched a recognition programme for its agents.
Singapore’s property insurance sees rate cuts in Q4
The rates are available for risks with favourable loss ratios and strong risk management.
Zurich APAC sees 12% boost in P&C premiums for FY 2024
Growth was supported by higher retail motor and travel sales.
Markel announces new head of marine liabilities for Singapore
She previously worked at Munich Re Specialty.
Two-thirds worry about healthcare access despite financial readiness
Younger generation also demand simpler and more attractive products.
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