insurance
Allianz Trade appoints Tetsushi Kitano as Thailand country manager
Allianz Trade appoints Tetsushi Kitano as Thailand country manager
Kitano has been with the trade credit insurer for more than 17 years.
Sumitomo Life reports $5b premium income in Q1 2025
New business annualised premiums rose 18.4%.
Marine insurers urged to tackle modern slavery risks: IUMI
Modern slavery affects an estimated 28 million people.
ARPC achieves 99% positive rating on insurer relationships in survey
Insurer feedback highlighted ARPC’s strengths in open engagement.
HKIA launches AI cohort programme with seven insurers
A survey of more than 110 insurers showed 20% already have AI adoption strategies.
HDI Global reports 8% revenue rise in H1 2025
HDI Global contributed $317.8m to Talanx Group’s net income.
FWD Hong Kong introduces One&All insurance plan with tiered benefits
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation.
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.
Over 90% of medical, health insurance and takaful policies saw hikes below 10%
The government has also rolled out the RESET initiative.
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.
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India’s cyber risk paradox: High attack rates, low insurance preparedness