insurance

How did Singapore’s life insurers fare in 2024?

How did Singapore’s life insurers fare in 2024?

The industry's growth was influenced by higher demand for annual premium products.

Prudential to potentially list India-based ICICI Pru AMC

The net proceeds will be returned to shareholders if followed through.

Insurers to leverage AI amidst workforce retirement

SAS also forecasts the rise of omni policies.

China insurers' plan to invest in gold could boost market

The programme permits ten insurance firms to allocate up to 1% of their assets.

Australia sets up claim centre for customers affected by severe storms

The hub is located in Townsville and is open until 15 February.

7 in 10 Hong Kong families lack financial planning

Hang Seng unveiled a wealth management plan to combat this.

Hong Leong’s underwriting profitability to continue

Its shift toward fixed-income securities is expected to reduce volatility.

APAC insurers stable despite LA wildfires, says Fitch

Japanese non-life insurers operating in the US are expected to manage their losses.

Asia sees rate reductions, Japan maintains firm pricing: Aon

Underwriting remains disciplined across Asia, particularly in Japan. 

Manulife Asia announces leadership overhaul

Phil Witherington will assume the role of President and CEO of Manulife on 9 May.

Taiwan insurers' earnings leap to $10.3b in December

The life insurance segment made up 92.4% of the total profits.

KB Insurance earnings up 9.1% to $6b in FY 2024

Thanks to higher revenues, which increased 3.8% YoY.

Insurance investors to boost allocations abroad this year

Majority of insurers concerned about demographic shifts and AI.

Zurich reveals flagship branch in Johor Bahru

It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint. 

Insurers pivot to science-based cleantech risk modeling

This shift aims to address climate risks and capitalise on cleantech opportunities.