insurance
Tourism surge leads to more uninsured patients at Japanese hospitals
Nearly 30% of visitors to Japan are uninsured.
S'pore insurers see flat pricing in Q2 2024
Thanks to new market entrants amidst mixed trends.
Shin Kong Life sees solvency boost from parent company’s aid
Fitch expects SKL’s solvency position to stabilise further with an additional $0.43b.
Australian pension funds turn to catastrophe bonds for higher returns
Australia’s pensions industry brings over A$2b inflows weekly.
Nexus names new deputy head for A&H reinsurance
Her role will involve increasing the regional broker network.
Prudential’s joint venture gains attention after Q2 report
The Q2 2024 solvency report, though brief, reveals some concerning trends.
Munich Re’s net profit soars 40.6% YoY in Q2 2024
The company hopes to reach $5.5b by the end of the year.
Beazley’s H1 2024 profit jumps two-fold
Earnings per share stood at 68.7 pence.
Aon names new leader of aviation reinsurance
He joined Aon back in 2015.
Central Re’s finances bolstered by prudent investments and retrocession
AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.
Asia’s Q2 insurance pricing stays flat
Overall capacity was sufficient but challenges persist in property and flood risks
QBE doubles net profits to $802m in H1 2024
Its gross written premium increased by 2%.
Allianz's H1 2024 solid, Income to reap double-digit ROI
Its net income surged double-digit YoY.
Cambodia’s gross premiums dip 0.85% YoY in June
The life insurance market’s contraction was offset by its general insurance.
Indonesian insurers' assets hit IDR1,126.26t, up 1.14%
Both its life and general insurance segments grew YoY.
Zurich APAC’s GWP jumps 9% YoY, group profit surges 21% YoY
Its life business in the region saw double-digit growth.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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