insurance

Swiss Re takes first place in list of IFRS 17 reporters: AM Best

The reinsurer reported $36.2b of reinsurance revenue at end-2024.

Bupa Hong Kong introduces Blua Health Pass to expand affordable coverage

Customers can access discounted rates of up to 67% across 380 service points.

CFC launches Connect portal for cyber insurance in New Zealand

The portal also lets brokers adjust limits and deductibles without underwriter input.

Business travel accident insurance market to hit $26b by 2033

This represents a compound annual growth rate of 23.3%.

Actuaries Institute backs APRA review of annuity capital rules

The Institute’s submission called for a more principles-based approach.

Dental insurance market forecasted 9.3% annual growth through 2034

Employers are also expanding coverage to reduce out-of-pocket costs.

Monetary Authority of Macao boosts standards for insurance intermediaries

It also launched a public online registry of intermediaries.

Hyundai Insurance targets premium growth with electric vehicle focus

But AM Best expects underwriting and overall operating losses to persist.

MS&AD posts $1.51b profit in Q1 2025 on underwriting gains

Japan’s nonlife business posted stronger underwriting profit as earned premiums rose.

Howden Re reels in Candy Wong as head of treaty

Her appointment comes as Howden Re builds its Hong Kong platform.

KB Insurance Indonesia targets growth, capital boost ahead of 2026 rules

AM Best projects more stable underwriting as the insurer expands its motor portfolio.

AM Best sees reinsurance outlook supported by strong capital

The absence of significant new market entrants has helped maintain market discipline.

Only 47% of eligible clients hold cyber cover

Arctic Wolf sees cyber insurers facing higher claims in 2025.

Central Re sees capital rise with stronger surplus in 2024

Central Re is expected to retain its market leadership.