insurance
PNB MetLife launches pension fund with Policybazaar partnership
PNB MetLife launches pension fund with Policybazaar partnership
The fund is priced at $0.11 (₹10) per unit.
Japan Post Insurance outlook steady as profitability shows gradual lift
Moody's said Japan Post Insurance is stable thanks to conservatism.
Transactional risk insurance claims rise in India as M&A deals grow
Insurers have so far paid out about $1m, with other claims still being processed.
Global natural catastrophe losses keep insurers within budgets this year
In Asia, monsoon flooding and localised storm losses were main events of the year.
APAC’s guaranteed auto protection insurance market slated for 13.2% CAGR
Globally, the market is expected to grow from $3.2b in 2021 to $8b by 2031.
Willis reports mining insurance market softens as capacity rises
The influx of capacity has intensified competition amongst insurers.
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.
Health insurance industry to rise 6.4% annually until 2031
Individual health insurance remains the largest segment globally.
AM Best clarifies capital credit rules under IFRS 17 framework
The agency also said net written premiums are replaced by net insurance service revenue.
WTW data shows insurers expect health costs to keep rising
Over half expect elevated levels to persist for more than three years.
India’s non-life insurers rebound as premiums rise 13.2% in September
The recovery was supported by higher renewals in core segments such as motor.
7 in 10 Hong Kong seniors are financially underprepared, AIA says
Nearly 60% have no clear savings plan.
Japan Post Insurance maintains strong capital: Moody’s
Profitability remains modest.
CTF Life Bermuda partners with WRISE to expand global reach
WRISE will distribute CTF Life Bermuda products.
Reinsurers in Singapore, South Asia report solid 2024 earnings: AM Best
However, competition is beginning to intensify as pricing momentum slows.
SME insurance market to grow 6.5% annually through 2032
It is also forecasted to bag $45.61b.
Corporate boards overconfident despite worsening cyber claims
Claims data showed that ransomware attacks averaged a loss of $2.7m.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
