insurance

Life insurers in Japan to see earnings boost in 2025

Insurers are expanding overseas and non-insurance amidst demographic decline.  

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Taiwan, Singapore, and the Philippines recorded positive market growths.

Insurers need to develop new strategies amidst ‘slowbalisation’: Geneva Association

Growth opportunities have been found in political risk and renewable energy insurance.

Philippines’ insurance penetration improves to 1.7%

The average insurance spending per capita, likewise, climbed to $66.2.

How did Singapore’s life insurers fare in 2024?

The industry's growth was influenced by higher demand for annual premium products.

Prudential to potentially list India-based ICICI Pru AMC

The net proceeds will be returned to shareholders if followed through.

Insurers to leverage AI amidst workforce retirement

SAS also forecasts the rise of omni policies.

China insurers' plan to invest in gold could boost market

The programme permits ten insurance firms to allocate up to 1% of their assets.

Australia sets up claim centre for customers affected by severe storms

The hub is located in Townsville and is open until 15 February.

7 in 10 Hong Kong families lack financial planning

Hang Seng unveiled a wealth management plan to combat this.

Hong Leong’s underwriting profitability to continue

Its shift toward fixed-income securities is expected to reduce volatility.

APAC insurers stable despite LA wildfires, says Fitch

Japanese non-life insurers operating in the US are expected to manage their losses.

Asia sees rate reductions, Japan maintains firm pricing: Aon

Underwriting remains disciplined across Asia, particularly in Japan.