insurance
AM Best sees South Korea's non-life growth in health and property lines
AM Best sees South Korea's non-life growth in health and property lines
Ongoing regulatory changes are driving insurers to strengthen capital.
India life insurers post steady May growth despite policy volume drop
Annual Premium Equivalent by 14.4%.
Allianz signs MGA deal with Hydor for Asia marine liability cover
Hydor will be authorised to underwrite a range of marine liability products.
Asia M&A buyers to boost use of R&W insurance in 2025
45% of respondents foresee a notable increase in the use of deal insurance.
ICISA sees insured exposure grow 9.3% in surety segment for 2024
Premiums written increased by 7.4%.
Beazley appoints Stefan Wunderlich head of Parametric Insurance
Wunderlich joins from Swiss Re.
Fitch sees APAC insurers stable in 2025 with capital buffers
Life insurers are focusing on quality through conservative investment strategies.
Dai-ichi Life, Capgemini set up tech centre to support global IT
Dai-ichi Life aims to eventually bring operations in-house.
Generali Hong Kong bets on short-pay model in competitive life market
The plan is designed to support both wealth accumulation and legacy planning.
KP&I outlook revised as underwriting volatility concerns resurface
KP&I reported a net loss of $5.4m last fiscal year.
GIA warns public on scam calls impersonating insurance reps
Scammers are using local mobile numbers beginning with “+65” or “8”.
Kyobo Life outlook stays stable with solid capital and profitability
Moody’s expects profitability to remain stable over the next 12 to 18 months.
Generali Hong Kong adopts Citi-backed digital platform for premium payments
It also enables direct cash settlement to Citi.
FWD Hong Kong partners GBAH on outpatient coverage across six China cities
The plan leverages GBAH’s network of more than 240 clinics.
Tokio Marine Indonesia will likely hold strong capitalisation in the medium term
After a decline in 2023 due to large claims, capital levels rebounded in 2024.
Canopius announces new APAC leadership for Casualty, Financial Lines
Brodie English and Rob Barnum have been assigned as heads.
IDF, Bridgetown partner to boost emerging and developing markets via insurance
To start, they will publish a report with actionable insights for the industry.
Commentary
AI isn’t replacing insurance, it’s finally making it work