Olivia Tirona
Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study
Insurance industry lost NZ$1.93b to Cyclone Gabrielle: study
The cyclone, which hit last February, is estimated to cost NZ$1.93b.
Tokio Marine international net premiums segment jumps 29.8% in 2022
The insurer expects net income to grow 9% for the year.
Fubon Insurance records net loss for first quarter 2023
Insurance premiums increased during the period.
Generali Vietnam names acting CEO
The acting CEO will take over the recently resigned CEO Tina Nguyen.
Philippine HMO performance down in 2022
Eight licensed HMO firms recorded a net loss.
India’s life insurance premiums down in April
The industry’s performance was dragged by the state-owned Life Insurance Corporation of India.
Asia’s life business to grow 7.5% in 10 years: Allianz
The region is expected to be a major growth driver in the industry.
Fortitude Re inaugurates Tokyo Representative Office
It also announced the appointment of its Tokyo Chief Representative.
Aon opens climate innovation hub in Singapore
The climate hub will be housed in the Aon Centre for Innovation and Analytics.
Australia’s Mavco Insurance gets acquired by Gallagher
Gallagher Australia’s offices will absorb Mavco’s employees.
QBE gross written premiums up 11% in Q1
The insurance firm expects to record a 10% growth for 2023.
VINARE to maintain robust performance: AM Best
Its return-on-equity ratio for the past five years proved better incoming performance.
AXA's gross premiums up 1% in Q1; life, health premiums fall
Its growth was driven by the property and casualty segment of the insurance firm.
China Non-Life Insurance stable in Q1: Fitch Ratings
Aggregate comprehensive solvency ratio of the Chinese non-life insurance sector remained high at 238%.
Generali launches Malaysia unit post-acquisition of AXA Affin
The transaction valued the acquired companies at RM1.29b.
Agricultural households covered skyrockets in 2022 vs 2010: Korea Re
This was boosted by the agricultural and fishery disaster insurance scheme.
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