insurance
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
This proposed extraction does not align with the representations made to MCCY.
Cambodian insurers’ premiums climb 5.3% growth in September
The number of policies in the general insurance market dwindled by 19.1%.
Actuaries Institute seeks fairer insurance
The paper found that existing customers are charged more than new clients.
HNB Assurance expected to boost profitability
Non-life premiums increased 14% in H1 2024.
Loyalty costs Australians in insurance premiums
1 in 3 who expressed satisfaction with providers rarely or never compare policies.
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024.
Over half of insurers penalised for errors
58% of respondents said it takes over five months to implement a rule change.
BOCG Insurance's liquidity sufficient for liabilities: AM Best
The company’s 2023 capital and surplus was driven by underwriting and investment income.
Marsh McLennan bags $3.5b in Q3 Revenue for insurance
EPS rose 3% to $1.51.
Indonesian insurers told to walk the talk on tech: AXA CEO
The industry must tap digital distribution channels to unlock growth, according to AXA.
Zurich’s P&C segment in Asia grows 4% YoY in 9M 2024
The Life insurance segment saw its new business premiums increase by 6%.
RBC rules may shift Hong Kong insurers to bonds: Aviva Investors
Singapore’s asset growth in 2019 and 2022 could spark promise for Hong Kong.
Allianz SE mulls exit from Bajaj Insurance joint ventures
Bajaj Finserv holds a 74% stake in both joint ventures.
Aussie insurers to slash costs by 30% with tech revama
Insurers’ operating costs have surged—20% for incumbents.
China greenlights BNP Paribas, Prudential insurance firms
China’s fast assets growth last year attracted both parties.
Aon to support Asia’s low-carbon investments with AIGCC
Aon aims to develop market-based climate solutions.
Manulife Asia Q3 2024 net income surges nearly ten-fold
The group bagged a Q3 2024 net income of $1.8b.
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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