insurance
China P&I posts steady profits with strong reinsurance support: AM Best
China P&I posts steady profits with strong reinsurance support: AM Best
It is also seen to sustain stable earnings.
Global crop insurers expand with 8.7% annual growth rate
Asia-Pacific is expected to see the fastest growth.
Taiwan FSC proposes rule changes to launch digital insurers
The commission wants to require 20% innovation output from new insurers.
Toa Reinsurance posts $103m profit in full-year earnings
Ordinary income contracted by 5.8% YoY to $2.17m during the year.
Pacific insurers cut rates as property and cyber drive decline
Property rates dropped 13%.
India’s life insurance market to reach $170b by 2029
It also seen to record $121b gross written premiums this year.
This week in insurance: Insurance M&A volume falls, HK insurance premiums hit $28.6b, Tokio Marine rebrands direct auto insurance unit
Global insurance carrier M&A activity dropped to its lowest level.
Australians assess retirement options amidst superannuation gaps
ASFA recommends $595,000 for singles and $690,000 for couples.
Energy insurers report $2b in claims as rates continue falling
Due to increased capacity and competition, particularly in local and int’l markets.
Indian life insurer collaborates with ministry on Bima Sakhi for women agents
Bima Sakhi agents receive the same benefits and privileges as regular LIC agents.
Aon names DeBrunner to lead global accounting functions
He will succeed Michael Neller, who has held the role since 2018.
Insurers use real-time data to track builder performance – Expert
This comes at a time when construction sign-ups reached an all-time high.
Insurance rates fall across major lines in Asia during Q2 2025
Property insurance rates dipped 5%, driven by strong competition amongst insurers.
AIA Singapore appoints Owen Addison as CHRO
Addison succeeds Aileen Tan, who will retire on 30 September.
bolttech partners with iBox to offer AppleCare in Indonesia
It also features door-to-door pickup and return services.
P&C insurers see steady 4.3% CAGR through 2032
Demand is rising in APAC due to urbanisation and increased risk awareness.
BMS strengthens financial lines with dual national appointments
Both McMillan and Jani joined BMS following its acquisition of Bluebook Brokers.
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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.
