General insurance
South Korean insurers face $62m from LA wildfire losses
South Korean insurers face $62m from LA wildfire losses
DB Insurance holds 37 active policies in the affected regions.
43 minutes ago
MSIG Asia targets 15% CAGR in profit growth
The insurer also signalled that Asia-Pacific has the most growth potential.
1 day ago
Hong Kong insurance premiums surge 12.2% in 9M 2024
The period already shows signs of a rebound from the 1.1% fall in 2023.
3 days ago
Capital adequacy ratio of S. Korean insurers increased end-September ‘24
When transitional measures were excluded, the ratio stood at 202.7%.
4 days ago
Cambodia’s November gross premiums jump 11% YoY
However, number of policies for the general insurance market fell.
5 days ago
India’s life insurance sector bound for 6.9% annual growth: Swiss Re
Total premium volumes predicted to increase by an average of 7.3%.
6 days ago
India's non-life insurance slightly dips by 0.33% in December
On a year-to-date (YTD) basis, the industry jumped 7.82%.
6 days ago
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Singapore’s personal accident, health insurance market to exceed $8b by 2029
PA&H insurance is forecast to rise 8.9% in 2024.
China’s premiums grow sixfold amidst new energy vehicle adoption
But higher claims frequency and repairs challenge profit for some insurers.
Malaysia’s non-life insurance sector sees stable outlook
AM Best also expects insurers to maintain robust underwriting profits.
South Korean insurers bag $80b in premiums for H1 2024
Net income of all insurers for H1 2024 amounted to $6.49b.
Taiwan insurance sector profits hit $11b in November
Thanks to the life industry’s $10.12b profit contribution.
India's non-life insurance climbs 4.4% in November
The modest growth was driven by retail health and motor third-party.
Top 50 list shows recovery in Hong Kong’s insurance premiums
Only four segments in the top 10, all life insurers, posted growth in 2023.
Australia's general insurance sector set to hit $96b by 2029
The market is seen to reach $67.4b next year.
India's non-life insurance sector grows 4.41% YoY in November
Standalone health insurers saw their premiums climb 10% YoY.
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1. Singapore's life insurers eye growth in 2025 2. India’s life insurance sector bound for 6.9% annual growth: Swiss Re 3. HSBC Life records 19.5% share in industry premiums for 9M 2024 4. MSIG taps Inova Care for health portfolio management 5. Manulife Asia, MDRT partner for agent developmentResource Center
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