insurance
IFRS 17 raises financial statement clarity: Fitch
IFRS 17 raises financial statement clarity: Fitch
APAC insurers are reconsidering product offerings.
Allianz PNB cuts product rollout by 30% with new partnership
The insurer aims for customers to receive policies in five minutes.
Suncorp completes sale of Asteron Life to Resolution Life
Suncorp received $141.8m plus the estimated excess capital.
Premium finance market to grow 10% by 2032
The life insurance segment is expected to surpass $75b by 2032.
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
Aon veteran to head commercial risk in Asia-Pacific
He will report to Joe Peiser, global CEO of Commercial Risk Solutions.
Markel’s FY 2024 net income leaps to $2.8b
EPS stood at $199.32.
Howden’s insurance segment bags 14% organic growth in FY 2024
New talent also contributed 30% of the organic revenue growth.
Aon reels in new head of Taiwan
She joined Aon back in 2014.
WTW posts $88m loss in FY 2024
Revenues for the year increased 5% YoY.
Insurance-linked securities market grows 10.5%, nears $50b notional value
The market benefited from strong issuance activity.
Everest Re FY 2024 net income shrinks to $1.4b
Although, gross written premiums climbed 9.1% YoY.
Commercial insurance rates dip 3% in Q4 2024
Financial and professional lines declined the fastest at 9%.
Allianz Partners unveils new managing director for greater SEA
He will succeed Steve Watkins, who retires after over two decades.
KoverNow gets greenlight from HKIA, launches app
It offers coverage for luxury goods and collectibles.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
PT Asuransi's capital strength to stay strong into medium-term
AM Best views TUGU’s investment portfolio to be of moderate risk.
Thought Leadership Centre
In Association with
Most Read
1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
