General insurance
APAC to lead global EV insurance market in the next five years
The global EV insurance market is seen to skyrocket by 40.3% in CAGR.
Japanese non-life overseas operations seen to temper domestic underwriting
The country’s big three non-life players saw their profits surge in FYE24.
Australian insurers remain resilient despite lower premium hikes: S&P
79% of rated Australian insurers have stable rating outlooks.
Vietnam’s non-life insurers show mixed results in Q1: Report
The market is projected to reach VND79.7t this year.
Igloo partners with Philippine teleco-giant Smart
It offers plans for as low as $2.13.
QBE underwriting reforms show promise: S&P Global
QBE to maintain capital redundancy at or above the 99.95% stress level.
HK insurers’ Q1 premiums mounts $22b in premiums
On a year-on-year basis, it climbed 12.2%.
Taiwan insurers rebound to $4.76b in profits for April
It was a far cry from the $270m loss in 2023.
Philippines insurance sector witnesses surge in premiums
Both its life and non-life sectors climbed 12.0% and 6.98%, respectively.
Indonesia to consider mandatory TPL insurance
This move is driven by the increasing number of accidents on the road.
India’s private insurers outperform with tech edge
The market share of the top 10 insurers fell to 71.2% last year.
Thailand focuses on industry transparency standards
In the past year, the association was able to achieve four missions.
South Korea's capital adequacy rises to 232.2%
This was an increase of 8.1 percentage points from three months prior.
Hong Kong general insurance GWP to reach $10.9b by 2028
Rising consumer prices can affect the industry’s profitability in the short-term.
Zurich Japan, Loyalty Marketing expands into digital offerings
Both entities have been partnering since 2013.
NZ general insurance GWP to grow 7.3% annually
The industry is seen to climb 8.3% in 2024.
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1. Bajaj Allianz launches exclusive insurance for women 2. Manulife unveils IUL product tied to S&P 500 returns 3. Australian firms expect financial crime surge in 2025 4. LIA Singapore appoints Wong as president with new 2025 goals 5. Singapore general insurance increases 6.3% YoY in 2024Resource Center
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Rethinking insurance for the masses
Navigating risk strategies for decommissioning traditional power plants