insurance

Sri Lankan general insurers underwriting profit will improve: Fitch Ratings

Profitability in motor insurance remains under pressure.
4 hours ago

Min Xin Insurance seen to maintain strong capitalisation

It’s balance sheet strength is supported by its risk-adjusted capitalisation.
5 hours ago

Nissay set for growth with $8.2b acquisition: AM Best

Nissay plans to integrate MLC with Resolution Life Australia after the deal.
3 days ago

Taiwan raises labour insurance premium to 12.5%

The current rate stands at 12% of the insured party's monthly salary. 
4 days ago

Markel reels in new executive to boost APAC operations

He previously worked at Zurich Insurance in London and Singapore.
5 days ago

Prudential unveils new chief economist

They hold over 30 years of industry experience.
5 days ago

Pru Life UK opens new BGC headquarters in Manila

The insurer’s total workspace in the country is now at 100,000 sq ft.
5 days ago

AIA expansion may temper capital buffer strength

It’s interest rate fluctuations may introduce volatility to its capitalisation. 
5 days ago

Income Insurance to maintain strong market position: S&P

However, upcoming accounting changes and business expansion may pose risks.
6 days ago

Insurers brace for volatile earnings in 2025

Reinsurance demand during the renewals was fueled by volatile loss experiences.
6 days ago

Talanx to conclude partnership with Meiji Yasuda Life by 2025

Talanx can acquire Meiji Yasuda’s shares in two Polish subsidiaries.
6 days ago

Etiqa, Maybank launch Singapore's first Takaful in 10 years

The plan combines ethical investment options with flexible wealth accumulation.

OCBC Hong Kong sells 33% stake in Hong Kong Life

Yue Xiu Enterprises (Holdings) bought the stake from the bank.

Cathay Life boosts 9M 2024 net profit to $2.06b

The value of new business (VNB) increased 20% to $740m.

Usage-based insurance market poised to hit $286b by 2032

The Asia-Pacific region is emerging as a key growth driver.

Asia-Pacific insurers told to start targeting Gen Z

They are less aware about insurance products than Millenials.