insurance
Evergreen Partners takes minority stake in Delta International
Evergreen Partners takes minority stake in Delta International
The transaction took effect last 18 February.
37 minutes ago
Insurtech funding in APAC plunges to $193m in 2024
Seed-stage funding also declined 16% to $7.7m.
1 hour ago
Prudential, MDRT partner for agency growth and professional development
It also launched a recognition programme for its agents.
2 days ago
Singapore’s property insurance sees rate cuts in Q4
The rates are available for risks with favourable loss ratios and strong risk management.
2 days ago
Zurich APAC sees 12% boost in P&C premiums for FY 2024
Growth was supported by higher retail motor and travel sales.
2 days ago
Two-thirds worry about healthcare access despite financial readiness
Younger generation also demand simpler and more attractive products.
2 days ago
Fitch Ratings forecasts more insurance sector regulations
Mainly due to changing capital requirements.
2 days ago
Hong Kong underwriting flexibility rises amidst competition: Aon
Despite limited new business opportunities, the market continues to attract capacity.
2 days ago
P&I clubs face offset of gains by rising pool claims
AM Best also expects further rate adjustments in upcoming renewals.
3 days ago
Global insurance protection gap hits 60% amidst warming
Total economic losses exceeded $350b in 2024.
3 days ago
Dai-ichi Life maintains stable outlook: AM Best
The parent company saw its total reported capital rise by 46% YoY.
3 days ago
Asia-Pacific’s 2024 deal activity ‘sluggish’
The Ardonagh Group acquisition of PSC Insurance was the largest deal.
3 days ago
Well Link Life Insurance's investment yield aims for double digits
AM Best expects the company’s medium-term balance sheet to remain strong.
3 days ago
Igloo multiplies partnerships across SEA, new chief distribution offier
Sasitharan Krishnan has over 30 years of experience in insurance distribution.
3 days ago
A fourth of the insurance industry lacks AI-experienced talent
Other concerns include a lack of customer understanding.
3 days ago
Manulife Asia unit net income leaps to $2b in FY 2024
EPS ended at $2.84.
3 days ago
Vietnam state insurer app logs 38% insured users in digital shift
Nearly 2.5 million customer interactions were recorded last year.
3 days ago
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1. UOI proposes $8.9m final and special dividends for FY2024 2. Global insurtech funding hits seven-year low in 2024 3. Wealthy Chinese use insurance for legacy-planning 4. Experts examine AI's impact on Thailand’s financial services sector 5. Prudential, MDRT partner for agency growth and professional developmentResource Center
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Event News
Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers