insurance
SBI General Insurance 9M 2025 profit skyrockets
SBI General Insurance 9M 2025 profit skyrockets
The company’s gross written premium (GWP) rose by 10.9% YoY.
Australian council supports new funding round for disaster mitigation
The fund provides $125.8m (A$200m) annually.
Insurers risk falling behind amidst consumer demands: Camunda
Workforce shortages are also a looming challenge for the industry.
China's insurers to adjust investment risk controls
Big state insurers will be directed to raise both the size and proportion of their investments.
Singlife’s profits to slowly improve: Fitch Ratings
Its H1 2024 earnings rebounded from a loss in 2023.
Malaysian Re’s expansion into non-traditional segments to drive growth
The company’s operating performance was seen as “adequate”.
India life insurance premiums rise 6.1% in FY 2023-24
Insurers also issued 291.77 lakh new policies under individual businesses.
Commonwealth Bank to sell stake in Bank of Hangzhou to insurer
The Australian bank could make about A$940m in proceeds.
9 in 10 New Zealanders are not financially prepared
1 in 5 retirees has insufficient worth of savings to sustain their current lifestyle.
South Korea increases foreign exchange insurance to KRW1.4t
The government will provide $248b in policy financing to exporting companies.
AI will enhance risk assessments: FM
The insurer also shared 8 risks businesses should be aware of.
Etiqa launches Singapore’s first takaful insurance product in years
Demand for Islamic financial products from the Middle East and Southeast Asia is growing.
Employers prioritise holistic wellness in corporate insurance plans
Companies are expanding benefits beyond traditional coverage to meet workforce needs.
MSIG Asia partners with RiskPoint for renewable energy insurance
The region is expected to invest over $3t in power generation.
8 in 10 insurers plan to increase tech investment this year
36% of insurers prioritise AI and machine learning.
APAC's insured only 5.4% of $74b disaster losses: Aon
APAC was also the second-largest region in terms of economic losses.
Taiwan holds $189b in earthquake insurance liabilities
There were 3.6 million policies in force as of end-December last year.
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