insurance
Insurance sector to aid in New Zealand climate policy development
Insurance sector to aid in New Zealand climate policy development
The CE said a large portion of NZ-ers live in high-risk areas.
Marsh McLennan bags $4.1b for FY 2024
It’s full-year revenue increased by 8% YoY to $24.5b.
South Korea's insurance industry to hit $191.2b by 2029
This year, the industry is expected to grow by 2.2%.
Southsure Assurance profitability tied to revenue control: Fitch Ratings
Limited presence and exposure to possible regulatory intervention challenge its profile.
Travel credit insurance CAGR to exceed 10% through 2032
The region was noted as an emerging market in this industry.
AIA’s value of new business slated for 23% growth for Q4 2024
But challenges in Malaysia and Thailand could weigh on performance.
Insurance Development Forum appoints new chair of operating committee
He succeeds Rowan Douglas, CEO of Climate Risk & Resilience at Howden.
Hong Kong’s job-hopping insurance workers may see bigger pay
They should expect a salary hike of as much as 15%.
Insurance business analysts rank 4th in Hong Kong jobs
Nearly half of organisations faced moderate to extreme skill shortages.
IAIS sets 2025 to 2026 goals with four core objectives
Post-adoption of ICS in late 2024, the IAS is shifting to implementation.
Nippon Life maintains stability with strong capitalisation
Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.
Chinese consumers most receptive to AI-driven premiums
Australians were the least receptive.
Canara HSBC introduces real-time sales task management
The platform helps sales teams plan, execute, and monitor activities.
Generali expands corporate insurance in India
Shib Shankar Saha has been appointed as head of GC&C India.
Fubon Insurance poised for 2024 turnaround
But the company’s capital position is unlikely to return to pre-pandemic levels.
Meiji Yasuda expected to sustain performance long-term
Last year, the company’s base profit was at $3.6b.
Chubb names two new leaders within Overseas General Insurance divison
Tim Stapleton has been named Chief Underwriting Officer.
Commentary
AI isn’t replacing insurance, it’s finally making it work