insurance
HDI Global reveals new head of engineering
HDI Global reveals new head of engineering
He also brings over two decades of corporate insurance experience.
IAG acquires 90% of RACQ Insurance in $855m deal
The deal is expected to add $1.3b to IAG’s gross written premiums.
Li-Ion battery reliance impact insurers heavily, geopolitical tensions possible
A Li-Ion factory in South Korea exploded and killed 22 people last year.
Samsung Fire's Q3 net profit rises 13.7% YoY
Meanwhile, insurance profit dipped 7.7% YoY.
China's insurance sector to hit $1.41t by 2032
The sector was valued at $688.8b last year.
Delegated underwriting authority enterprises benefit from excess and surplus
Investments in technology and talent have further fueled the segment’s expansion.
China's personal insurance sector to grow 5% to 10% annually
Pension and health products are expected to account for 50% of the market by 2035.
Philippines ends provisional insurance licenses
The commission wants to ensure that agents with regular licenses are allowed to sell.
Vietnam nears 2025 social insurance goals, projected 20 million participants
By 2024, health insurance participants is seen to reach 95 million.
Protection and indemnity combined ratio drops to 96% in 2023/24
The year was dominated by the Dali incident, which occurred in March.
Rising healthcare costs drive growth in Indian insurance: McKinsey
From FY 2020 to FY 2023, the industry saw a CAGR of 11%.
Zurich eyes to surpass 23% ROE in next three years
It also aims to achieve core EPS with a CAGR of over 9%.
Half of risk leaders confident in current strategy: WTW
23% of respondents said supply chain issues as a critical challenge.
Allianz Asia Pacific's business volume jumps 16%
The annualised premium (ANP) for Life/Health grew 14%.
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
Construction Guarantee’s focus on public projects mitigates economic risks
CG's regulatory capital ratio improved to 225% in 2023.
Liability insurers adjust to spike in US nuclear verdicts
In 2023 alone, nuclear verdicts increased by over 27%.
Thought Leadership Centre
In Association with
Most Read
1. Hong Kong insurance C-Suite pay hits $3m as affluent client focus drives 2026 hiring 2. Etiqa and AIA expand Takaful access via 6,300 agents 3. HSBC Life pushes preventive care shift with new programme 4. Why Indonesia insurers face flat 2026 premiums 5. Tata AIA launches AI and mid-cap funds for ULIPsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness