insurance
Allianz Australia's capital adequacy to remain strong
Thanks to removal of certain non-life liability adjustments, deferred acquisition cost deductions.
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
Malaysian general insurance association welcomes new CEO
He will succeed Julie Lean Gim Chong.
Taishin, Shin Kong approve merger
This creates Taiwan's fourth-largest financial firm
Insurance third party administrators market to reach $501.93b by 2028
Major trends include blockchain integration and predictive analytics.
Australian insurers urged to adopt nature-positive practices
In December 2022, over 180 countries adopted the Global Biodiversity Framework.
India's non-life insurance sector dips 6.53% YoY in SeptemberÂ
Year-to-date, the sector rose by 7.02%.
Quest Insurance to maintain strong capitalisation
However, future loss ratios are expected to rise.
Sumitomo Life strong despite investment pressures: Fitch Ratings
Its underwriting profitability recovered, with core profit margin at 12%.
Beneficial Insurance boasts 36.1% return on equity
Beneficial’s risk-adjusted capitalisation was strongest level as of 31 March.
Canara HSBC targets family security with new insurance plan
The plan comes in two variants.
Ardonagh merges PSC’s ANZ operations with Envest
This makes it one of the top privately owned insurance distribution companies in Australia.
Philippines’ insurance sector smaller than other financial services
The industry generated total revenues of $8.14b in 2022.
China Taiping set to maintain strong market position
The group reported $10.51b in outstanding debt as of June, down from $11.90b last year.
More than a third of consumers warm to AI in insurance claims
Markets like Australia showed the least enthusiasm.
Nat Re benefits from robust local insurer tiesÂ
In 2023, Nat Re saw a notable rise in net profit, driven by improved underwriting.
Thought Leadership Centre
In Association with
Most Read
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
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
