insurance
Talanx net income jumps 25% YoY in FY 2024
Talanx net income jumps 25% YoY in FY 2024
Insurance revenue in the Corporate & Specialty division grew 10% YoY.
Ping An Insurance reports 47.8% rise in 2024 net profit
Life & Health new business value (NBV) increased 28.8% YoY.
How much of Malaysians have financial legacy plans?
48% of cited conflict prevention as a key reason for legacy planning.
Warranty and Indemnity insurance in Asia surges, record policy placements
These policies provided over $7.8b in protection limits.
How prepared are Singapore’s SMEs for business interruption?
Only a fifth of businesses claim they have adequate insurance coverage.
Maternity health insurance market to grow at 7.9% CAGR by 2032
Based on mode, online segment held the highest market share in 2023.
India’s life insurance first-year premiums fall 11.6% in February
Meanwhile, number of policies and schemes for the month dipped by 22.22% YoY.
Experts warn insurers of growing vulnerability to token theft
Six in 10 businesses have shut down in the past three years due to ransomware.
65% of Hong Kong SMEs lack business interruption coverage
Rising property rental prices remained top concern for the second consecutive year.
MS Amlin’s FY 2024 underwriting profits rise 12% to $250m
Gross written premiums increased to $2.2b.
Business insolvencies to rise by 5% in 2025: Allianz Trade
Insurers must brace for high interest rates, which could strain heavily leveraged sectors.
Manulife unveils plans with up to 400% critical illness payouts
One of its plans covers 126 critical illnesses and conditions.
Howden Private Wealth announces new CEO for Singapore, Malaysia
A deputy CEO has also been appointed for Hong Kong.
Generali earnings reach $5b in FY 2024
Gross written premiums rose by 14.9% YoY.
Takaful insurance market to grow at 9.41% CAGR
It was valued at $45.51b last year.
Philippine senate bill seeks broader insurance for rehired, direct overseas workers
Recruitment agencies and foreign employers should be held accountable for their obligations.
Allianz to sell 26% stake in Bajaj insurance units for $3b
The stake will be acquired by the Bajaj Group.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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Rethinking insurance for the masses
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