insurance
HDI Global names new Hong Kong branch CEO, Director
The new CEO’s role is effective 1 November.
How have strong investment returns boosted P&I clubs?
It should reduce the likelihood of Unbudgeted Supplementary Calls.
Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
How eased C-ROSS Phase II pressures helped China's smaller insurers
Despite a decline to 207% in 2022, core solvency ratio remained stable in 2023.
ABCI maintains solid capital with reinsurance support in 2023
The regulatory solvency ratio stood at 339%, above the 100% minimum.
How is APAC leading with AI to fight insurance fraud?
74% of respondents reported that fraud cases are either stable or increasing.
China’s new guidelines push for broader coverage, better services by 2029
It also aims to curb illegal activities in the sector.
Vietnam ensures insurance access in Typhoon Yagi-hit areas
Facilities providing health insurance-covered treatment can make advance payments.
Insurance value creation rises amidst regional disparities
Asia Pacific contributed just over $100b to the five-year total.
Japanese worry most about loss of property, life
88.9% of respondents cited earthquakes as their primary concern.
Asei's capital ratio falls amid high claims
Its risk-based capital ratio dropped to 208% by the end of June.
Extended mortality risks loom for insurers
Insurers will need reassessment of mortality portfolios.
Indians regret delaying term insurance start
Only 11% review their coverage annually.
Resolution Life welcomes new president from Swiss Re
Ojeisekhoba will oversee the commercial division of Resolution Life.
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Zhibao expands homeowners' insurance to Nanjing
The product is backed by six insurers.
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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.
