insurance

Asia-Pacific’s 2024 deal activity ‘sluggish’

The Ardonagh Group acquisition of PSC Insurance was the largest deal.

Well Link Life Insurance's investment yield aims for double digits

AM Best expects the company’s medium-term balance sheet to remain strong.

Igloo multiplies partnerships across SEA, new chief distribution offier

Sasitharan Krishnan has over 30 years of experience in insurance distribution.

A fourth of the insurance industry lacks AI-experienced talent

Other concerns include a lack of customer understanding.

Vietnam state insurer app logs 38% insured users in digital shift

Nearly 2.5 million customer interactions were recorded last year.

Bima Trinity initiative to boost insurance industry: CareEdge

The industry’s growth can be attributed to retail health and motor.

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.  

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.