insurance

AIA expansion may temper capital buffer strength

AIA expansion may temper capital buffer strength

It’s interest rate fluctuations may introduce volatility to its capitalisation. 

Income Insurance to maintain strong market position: S&P

However, upcoming accounting changes and business expansion may pose risks.

Insurers brace for volatile earnings in 2025

Reinsurance demand during the renewals was fueled by volatile loss experiences.

Talanx to conclude partnership with Meiji Yasuda Life by 2025

Talanx can acquire Meiji Yasuda’s shares in two Polish subsidiaries.

Etiqa, Maybank launch Singapore's first Takaful in 10 years

The plan combines ethical investment options with flexible wealth accumulation.

OCBC Hong Kong sells 33% stake in Hong Kong Life

Yue Xiu Enterprises (Holdings) bought the stake from the bank.

Cathay Life boosts 9M 2024 net profit to $2.06b

The value of new business (VNB) increased 20% to $740m.

Usage-based insurance market poised to hit $286b by 2032

The Asia-Pacific region is emerging as a key growth driver.

Asia-Pacific insurers told to start targeting Gen Z

They are less aware about insurance products than Millenials.

Asahi Life's core profit jumps 67.7% in H1 2024

Asahi Life plans to enhance profits in protection-type products.

Commercial insurance set to grow at 7.5% CAGR by 2032

Asia Pacific led the market with a share of over 23% in 2023.

SME insurance is seen to reach $417b through 2032

Smaller organisations lack the resources and experience to form a separate risk department.

Professional indemnity claims rise by 6% in two years

Marsh India said PI claims range from $20m to $100m.

2025 salary hikes expected in Singapore's insurance sector

Those in lower-value administrative functions may experience a more modest increase of 10%-15%.

Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025

Hong Kong is expected to maintain steady hiring activity in 2025 despite sluggish economy.

New India Assurance works to tighten underwriting, risk controls

However, its balance sheet remains exposed to potential volatility.

AM Best forecasts steady earnings for Starr International Insurance

Whilst investment returns remain modest, they contribute stable income.