insurance

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.

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.

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.