insurance

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.

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.

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.