insurance
Home insurance affordability worsens across Australia
Home insurance affordability worsens across Australia
Affordability stress has surged by 30% over the past year.
Why nearly half of S’poreans feel hopeless reaching financial freedom
The average consumer owns 3 types of insurance, but only 57% have life coverage.
Allianz Malaysia’s Q2 2024 earnings show modest growth
The H1 2024 performance of its general segment was offset by its life business.
Profits of Sri Lankan insurers jump 35% YoY in Q1 2024
Its assets climbed 10.9% YoY.
FWD Life Vietnam’s H1 2024 profit soars 70% YoY
Year-to-date, it reported a loss of $232.5m.
Mega Insurance seen to shift reinsurance strategy amidst domestic concerns
Its investment portfolio has been 90% cash equivalents and fixed-income securities.
India’s insurance and pension market bolstered by B2B spending
Life Insurance Corp of India leads the sector.
China Pacific Insurance poised for stable outlook in the next two years
CPPIC is expected to remain a core subsidiary of CPIC Group.
Philippine general insurers’ net income expands to $90b in H1 2024
Total assets also increased by 6.86% YoY.
Premium income of Chinese insurers in H1 2024 climbs 4.9% YoY
Claim and benefit payments amounted to $172.20b.
Pet insurance market slated for 8.1% CAGR by 2032
Several insurance companies now offer multi-pet insurance policies.
Ping An bags $12b net profit in H1 2024
An interim dividend of $0.13 per share in cash was declared.
Nippon Life’s Q1 2024 net income skyrockets to $770m
Total new policies saw $4.1m during the period.
Australian CEOs identify longevity insurance barriers
The meeting brought together 21 life insurers in the country.
Philippine’s life sector net income jumps 22% in H1 2024
Total assets also increased by 6.86% YoY.
Australia’s insurance Industry expands in January to March
Both the life and general insurance segment witnessed surges in profit.
AIA’s net profit surges 47.2% YoY in H1 2024
EPS stood at $0.30.
Commentary
Why expanding embedded insurance is Asian telcos’ next differentiator