insurance

Indian life insurance market expands 12% YoY in May

The overall medium-term outlook remains positive.

AllianzGI gets new CIO for fixed income

Michael Krautzberger will succeed Franck Dixmier.

Gig worker platform offers paid leaves, underwritten by Etiqa

80% of the surveyed wanted traditional benefits.

Zurich pays over $1.53b in life insurance claims in 2023

Lifetime cost estimates for spinal cord injury ranged between $6.8m and $12.9m.

China's insurance premiums increase by 5.1% YoY

Year-to-date, the industry’s assets climbed 10.4%.

Geneva Association elects CEO of AIA as chairman

Three new board members represent Tokio Marine, BNP Paribas, and Achmea.

China’s pension system reels 60 million new individuals

Presently, 762 products are offered in the new pension system.

Mitsui Sumitomo Insurance boasts strong capital base: AM Best

Thanks to its resilient capital base and strategic equity disposal plans.

bolttech maintains a low investment risk profile: Fitch Ratings

Its local solvency ratio was 509% at the end of 2023.

Japanese life insurers to maintain strong credit in FY2025

Fitch Ratings expects insurers' capital adequacy to stay adequate.

8 in 10 Asians cite healthcare costs as top concern

Yet, 39% said they prioritise physical well-being more than finances.

FWD Group revives Hong Kong IPO plans: Report

The insurer could aim for a valuation of up to $9b in an IPO.

SEADRIF selects Gallagher Re as broker

Gallagher Re will provide SEADRIF products and business advise.

Chubb acquires Australian aviation insurer

The insurer hopes to broaden its reach in the aviation industry.