insurance
Nippon Life maintains stability with strong capitalisation
Nippon Life maintains stability with strong capitalisation
Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.
Chinese consumers most receptive to AI-driven premiums
Australians were the least receptive.
Canara HSBC introduces real-time sales task management
The platform helps sales teams plan, execute, and monitor activities.
Generali expands corporate insurance in India
Shib Shankar Saha has been appointed as head of GC&C India.
Fubon Insurance poised for 2024 turnaround
But the company’s capital position is unlikely to return to pre-pandemic levels.
Meiji Yasuda expected to sustain performance long-term
Last year, the company’s base profit was at $3.6b.
Chubb names two new leaders within Overseas General Insurance divison
Tim Stapleton has been named Chief Underwriting Officer.
SBI General Insurance 9M 2025 profit skyrockets
The company’s gross written premium (GWP) rose by 10.9% YoY.
Australian council supports new funding round for disaster mitigation
The fund provides $125.8m (A$200m) annually.
Insurers risk falling behind amidst consumer demands: Camunda
Workforce shortages are also a looming challenge for the industry.
China's insurers to adjust investment risk controls
Big state insurers will be directed to raise both the size and proportion of their investments.
Singlife’s profits to slowly improve: Fitch Ratings
Its H1 2024 earnings rebounded from a loss in 2023.
Malaysian Re’s expansion into non-traditional segments to drive growth
The company’s operating performance was seen as “adequate”.
India life insurance premiums rise 6.1% in FY 2023-24
Insurers also issued 291.77 lakh new policies under individual businesses.
Commonwealth Bank to sell stake in Bank of Hangzhou to insurer
The Australian bank could make about A$940m in proceeds.
9 in 10 New Zealanders are not financially prepared
1 in 5 retirees has insufficient worth of savings to sustain their current lifestyle.
South Korea increases foreign exchange insurance to KRW1.4t
The government will provide $248b in policy financing to exporting companies.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
