insurance
Tokio Marine's Q1 2024 net income surges 55.3% YoY
Its international business reported the largest gains.
Tokio Marine's Q1 2024 net income surges 55.3% YoY
Its international business reported the largest gains.
TATA AIG stresses political risk insurance needs
Rising costs hit Indian exporters amid global crises
Hyundai Insurance China faces capital challenges amidst expansion
HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.
How are insurers affected by China’s real estate market decline?
Regional carriers have about 8% of their portfolios in global commercial real estate.
Top APAC insurers see market cap growth of Q2 2024
China Life Insurance led with a 9% growth during the period.
China United Property Insurance’s bond issuance to ease capital pressure
It could raise the financial leverage ratio to ~30%.
Prudential names new regional CEO for China
Angel Ng has more than two decades of experience in the financial services industry.
Great Eastern Life sees mixed Q2 performance in Singapore, Malaysia
Its performance offers insights for competitors like Prudential and AIA.
AXA sells investment arm to BNP Paribas for $6b
The sale is expected to drag AXA’s earnings by $440m.
Fitch praises South Korea’s transparent insurance regulations
The FSC monitors insurers' capital strength.
Asia Pacific composite insurers exceed profitability standards
Their Fitch-calculated financial leverage ratios stay adequate with their ratings.
Carrot granted exclusive behavioural-based insurance use in auto
Since the launch of its BBI product, the accident rate amongst its customers has been at 12%.
HKIA fines AIA International $3.0m for AML lapses
The insurer said conclusions were technical in nature with no findings of money laundering activities or inappropriate onboarding.
Vietnam’s non-life sector attracts robust foreign direct investment
Recent regulations supported the industry’s stable outlook.
Dhipaya Insurance’s solid 2023 earnings supported by investment gains
The insurer has a strong presence in Thailand’s non-life insurance market, said AM Best.
United Overseas Insurance’s focus on Singapore market yields stable earnings
UOI's balance sheet strength is supported by its risk-adjusted capitalisation.
NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns
Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Life insurance premiums forecast to grow by 3% yearly until 2026 3. Prudential launches AI lab in Singapore 4. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 5. APAC emerges as leader in renewables insuranceResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
