Insurance Asia

Outlooks of six Chinese insurers pressured by sovereign risks
On the contrary, one insurer should experience a stable outlook.
AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Ping An Life to see 15% YoY NBV growth in Q1’24 – Nomura
A catalyst could be the low base effect in the first two months of COVID restrictions.
Low investment risk seen for ClearView after asset sale
The Australian insurer sold its investment in Centerpoint Alliance in November 2023.
Howden warns against over-reliance on cyber insurance
The insurance broker listed three AI threats haunting organisations.
Gallagher Re calls for nuanced view of PE-backed reinsurers
Critics warn of short-term profit strategies risking stability and trust.
Global exposure growth reaches 11.7% YoY
IED for Wind Japan was stable against the Yen.
China boosts financial services to advance new industrialisation
Insurance funds should provide long-term stable financial support.
Asia energy firms seek lasting insurer partnerships
Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.
South Korean insurers adapt to new regulations
Regulatory changes prompt tax benefits to rise and the government to support overseas expansion.
KDB Life grapples with high leverage, Fitch reports
The insurer’s CSM increased in 2023, reflecting a focus on profitable policies.
Elevated risk environment prompts challenges for reserve management
Aggressive inflation has complicated loss predictions and could underestimate severity.
Gov’t streamlines China’s medical insurance reimbursement system
One of the payment methods will offer a QR code option.
Taiwan earthquake prompts $23.5m in insurance claims
Guy Carpenter notes that the full extent of the quake’s impact on the industry is yet to be determined.
Aon appoints new CEO for Reinsurance Solutions in India
Shailendra Sapra will be based in Mumbai.

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Exclusives

Exclusives

Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Insurance InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Insurance Hong Kong’s women in insurance rising in a male-dominated business sector
Hong Kong’s female insurance executives show how they take on leadership roles.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.

Top News

Outlooks of six Chinese insurers pressured by sovereign risks
On the contrary, one insurer should experience a stable outlook.
AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Ping An Life to see 15% YoY NBV growth in Q1’24 – Nomura
A catalyst could be the low base effect in the first two months of COVID restrictions.
Low investment risk seen for ClearView after asset sale
The Australian insurer sold its investment in Centerpoint Alliance in November 2023.
Howden warns against over-reliance on cyber insurance
The insurance broker listed three AI threats haunting organisations.
Gallagher Re calls for nuanced view of PE-backed reinsurers
Critics warn of short-term profit strategies risking stability and trust.
Global exposure growth reaches 11.7% YoY
IED for Wind Japan was stable against the Yen.
China boosts financial services to advance new industrialisation
Insurance funds should provide long-term stable financial support.
Asia energy firms seek lasting insurer partnerships
Widening desirability gap favours high-end clients, possibly easing rate trends in 2024.
South Korean insurers adapt to new regulations
Regulatory changes prompt tax benefits to rise and the government to support overseas expansion.
KDB Life grapples with high leverage, Fitch reports
The insurer’s CSM increased in 2023, reflecting a focus on profitable policies.
Elevated risk environment prompts challenges for reserve management
Aggressive inflation has complicated loss predictions and could underestimate severity.
Gov’t streamlines China’s medical insurance reimbursement system
One of the payment methods will offer a QR code option.
Taiwan earthquake prompts $23.5m in insurance claims
Guy Carpenter notes that the full extent of the quake’s impact on the industry is yet to be determined.
Aon appoints new CEO for Reinsurance Solutions in India
Shailendra Sapra will be based in Mumbai.

Exclusives

Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Insurance InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Insurance Hong Kong’s women in insurance rising in a male-dominated business sector
Hong Kong’s female insurance executives show how they take on leadership roles.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.

Join the Insurance Asia community