insurance
Philippines insurance sector witnesses surge in premiums
Philippines insurance sector witnesses surge in premiums
Both its life and non-life sectors climbed 12.0% and 6.98%, respectively.
Singlife launches new digital wealth booster
The plan offers a guaranteed annual yield of 3.25%.
Marsh cites three major shortcomings in current insurance strategies
The firm calls for proactive steps toward partnership.
What risks do select APAC markets fear most this year?
Global Insurance Law Connect unveiled four common risks the world is facing.
Global insurance market to see fastest growth in 18 years
The industry bagged $1.2t in premium income in the past three years.
Chinese insurers to benefit from bancassurance rule-lift
The removal of the rule is seen to increase premium growth.
Allianz Malaysia sees 15.1% revenue jump in Q124
It saw its revenue total $281.4m.
Philippine HMOs see 17.3% surge in healthcare payouts
This was equivalent to $255.9m in healthcare benefits.
Swiss Re Institute report predicts AI impact on health industry
Insurers are advised to take advantage of this to expand cyber risk offerings.
6 in 10 APAC firms fear political risk this year
However, this consensus was smaller than the previous year’s 67%.
Canopius names new group chairman
Watson will step down whilst Haste will start his role in July.
SG-based Income Insurance eyes APAC expansion: Report
Discussions are still in the early stages and may not result in a transaction.
IAG battles against cyber threats with new underwriting agency
43% of cyber-attacks target small businesses in the country.
Manulife, Mind HK launch anti-stigma campaign
The two-year partnership will begin with four programmes to launch in 2024.
China life insurers buoyed by stable interest rates – Jefferies
The surge is due to PBOC supporting long-term yields and positive equity market sentiment.
SG’s finance and insurance industry expands 6.5% in Q1’24
Insurance was one of the economy’s growth drivers in the quarter,
Allianz APAC posts 13% revenue rise in Q1'24
The region also saw significant growth in volume in its P&C business.
Commentary
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