insurance
Stable underwriting improves China Taiping Insurance's outlook
Stable underwriting improves China Taiping Insurance's outlook
Capital and surplus increased by 2.4% in 2023, reaching $679m.
Charles Taylor expands regional network with New Zealand's Carter Briggs Hurle
It aims to enhance claims management across Australasia.
Climate change drives $600b in insured losses over 20 years
28 leading global insurers saw climate-related losses reach $10.6b.
JD Allianz, JD Auto enhance Dida’s insurance offerings
This synergises JD Auto and JD Allianz into Dida’s platform.
Asia shies away from savings to protection products
This is to align with ICS and IFRS 17 standards.
Removing 74% FDI cap may benefit insurers more: Chairman
This could remove the need for joint ventures, but int’l insurers may still favour local partnerships.
Petrolimex Insurance profits from low-loss property and marine lines
PJICO follows a conservative investment strategy, with most investments held in deposits.
Insured losses top $100b for fifth consecutive year
Annual insured losses are expected to rise by 5% to 7%.
Insurers face challenges from aviation grey zone conflicts
GPS spoofing and jamming are growing threats for insurers.
Chubb Life’s strong regulatory capital supports stability
Fitch expects it to continue prioritising regular-paid and protection-focused policies.
International Association of Insurance Supervisors sees stable 2025
Supervisors are implementing stress testing and contingency planning to mitigate risks.
Taikang's robust capital to aid in business expansion: Fitch Ratings
Taikang Group’s profitability is supported by its value-driven business strategy.
Mining insurance rates in Asia show slight decrease in 2024
Singapore’s property reinsurance rates showed small reductions in risks outside NatCats.
Singlife’s new investment-linked plan offers 5% annual payout
It comes at a one-time premium starting at $516.28.
Muang Thai Life bags $4b in total new business premiums for 9M 2024
Despite increased acquisition spending, MTL’s topline declined year-on-year during.
APAC insurers predict continued cost increases in 2025
Medical costs are set to rise by 12.3% in 2025, WTW says.
Insurance distribution solutions market to grow 14% CAGR
This is driven by demand from insurers to streamline distribution processes.
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