insurance
Capital adequacy ratio of S. Korean insurers increased end-September ‘24
Capital adequacy ratio of S. Korean insurers increased end-September ‘24
When transitional measures were excluded, the ratio stood at 202.7%.
Gallagher names new principal officer in India
He joined the company in late 2023.
HKIA calls for cross-border collaboration amidst elderly protection gap
Clement Lau emphasised the role of the insurance sector in supporting the elderly.
Allianz reveals top business risks for 2025
Natural catastrophes held the third spot in Asia.
Gallagher Re names new chief claims officer
He has more than 20 years of experience.
Philippine Deposit Insurance remits $2b to fund gov’t projects
The Deposit Insurance Fund is kept within the target level established by the board.
South China Insurance maintained stability, robust capital in 2024
Its adjusted capital and surplus rose by 23% to $277m.
Asahi Life’s capitalisation boosted by robust underwriting: Fitch
The company’s core profit margin increased to 16% in the first half of FY 2025.
Philippines set to increase deposit insurance in 2025
The PDIC’s current maximum insurance coverage amount is at $8,522.32.
MPM Insurance’s profits stable, bolstered by investment yields
The company's GPW grew by 23% in the first nine months of 2024.
Sri Lankan general insurers underwriting profit will improve: Fitch Ratings
Profitability in motor insurance remains under pressure.
Min Xin Insurance seen to maintain strong capitalisation
It’s balance sheet strength is supported by its risk-adjusted capitalisation.
Nissay set for growth with $8.2b acquisition: AM Best
Nissay plans to integrate MLC with Resolution Life Australia after the deal.
Taiwan raises labour insurance premium to 12.5%
The current rate stands at 12% of the insured party's monthly salary.
Markel reels in new executive to boost APAC operations
He previously worked at Zurich Insurance in London and Singapore.
Prudential unveils new chief economist
They hold over 30 years of industry experience.
Pru Life UK opens new BGC headquarters in Manila
The insurer’s total workspace in the country is now at 100,000 sq ft.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness