insurance
Ping An Insurance partners with UK firm for advanced flood risk management
Ping An Insurance partners with UK firm for advanced flood risk management
The agreement marks JBA’s first partnership in China.
CFC expands in Australia, rebrands Solution Underwriting
It plans to further extend into management liability, technology, media, and IP.
Zurich announces leadership changes for APAC business
A new Chief Underwriting Officer and head of Technical Underwriting were named.
Insurers need data-based models amidst trillion-dollar solar storm scenario
Greater China is forecasted to record $429b whilst Asia-Pacific at $375.
5% face over 30% health premium hike in India
Half see an annual increase of less than 10% and continue renewing their policies.
Hyundai India partners with Magma for motor insurance
It will be offered across 600+ dealerships across the country.
Chubb buys Liberty Mutual’s P&C businesses in Thailand, Vietnam
Terms of the deal were not disclosed.
Allianz Commercial names new lead for Alternative Risk Transfer
Ficarra joins from Allianz Commercial London.
Australian health premiums set to rise by 3.73% in April
The premium changes take effect on 1 April.
Asuransi Allianz Life’s profitability to remain supported by parent: Fitch
The insurer’s profitability improved significantly in 2024.
Thailand’s non-life insurance rebound in 2023 driven by higher premiums
The market recorded an underwriting gain of THB13.0b in 2023
Thai Life Insurance maintains solid capitalisation, says Fitch
Its new business value (NBV) margin remained stable at 62%.
Japan's insurance market to grow $47b by 2029
The ageing population is boosting demand for long-term care.
Tune Protect profit skyrockets in FY 2024
EPS stood at $0.018 (RM0.08).
16% plan insurance exit as Australian premiums spike
But 41% of Australians will keep their current provider.
Philippine deposit insurer raises maximum coverage to P1m
Previously, the MDIC amount was $8,630.44 (₱500,000).
Insurers shift from traditional to real-time risk analysis
Thanks to increased AI-adoption, threats are also rising with phishing attacks up 135% in 2 months.
Commentary
Rethinking insurance for the masses
Navigating risk strategies for decommissioning traditional power plants