insurance
Bima Trinity initiative to boost insurance industry: CareEdge
Bima Trinity initiative to boost insurance industry: CareEdge
The industry’s growth can be attributed to retail health and motor.
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
China's insurance market sees rate decreases in Q4 2024
Mainly to retain business and secure program participation.
MS&AD net income doubles to $4.13b in 9M 2024
Thanks to higher ordinary profit, which surged 113.4% YoY.
Fund finance market grows, banks leverage non-payment insurance
Banks seeking capital relief may benefit from insuring fund finance exposures.
Life insurers in Japan to see earnings boost in 2025
Insurers are expanding overseas and non-insurance amidst demographic decline.
This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains
Taiwan, Singapore, and the Philippines recorded positive market growths.
Suncorp's net profit jumps 89% in H1 2025
EPS was A$86.56.
Insurers need to develop new strategies amidst ‘slowbalisation’: Geneva Association
Growth opportunities have been found in political risk and renewable energy insurance.
Philippines’ insurance penetration improves to 1.7%
The average insurance spending per capita, likewise, climbed to $66.2.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
Prudential to potentially list India-based ICICI Pru AMC
The net proceeds will be returned to shareholders if followed through.
Insurers to leverage AI amidst workforce retirement
SAS also forecasts the rise of omni policies.
China insurers' plan to invest in gold could boost market
The programme permits ten insurance firms to allocate up to 1% of their assets.
Australia sets up claim centre for customers affected by severe storms
The hub is located in Townsville and is open until 15 February.
7 in 10 Hong Kong families lack financial planning
Hang Seng unveiled a wealth management plan to combat this.
Marsh appoints new Pacific sales leader
He joined Marsh in 2017.
Commentary
AI isn’t replacing insurance, it’s finally making it work