P&C insurance
Storm and fire losses deepen pressure on Hong Kong P&C earnings
Storm and fire losses deepen pressure on Hong Kong P&C earnings
The incident will add to diluted earnings but is unlikely to threaten overall solvency.
2 hours ago
Nonghyup P&C maintains capital well above regulatory minimums despite pressure
AM Best said it expects it to keep its capital levels well above regulatory minimums.
Property and health lines drive Asia’s insurance growth trends
Property insurance remains a major segment in Singapore.
AXA Tianping Property & Casualty Insurance to return to profit by 2026
Gross premiums written are forecast to grow by 7% to 10% yearly through 2027.
Tian An P&C bond lapse highlights sector governance gaps: S&P
Tian An P&C failed to repay a $730m capital supplementary bond.
How did the P&C insurance market double in size in 20 years?
Swiss Re projects premiums will grow in line with GDP over the next decade.
Gallagher cites competitive pricing in commercial insurance
The property market remains stable despite recent floods.
P&C insurers see steady 4.3% CAGR through 2032
Demand is rising in APAC due to urbanisation and increased risk awareness.
P&C insurance market to reach $3t by 2032 on global demand
The market was valued at $1.9t last year.
Deloitte sees AI aiding insurers in climate risk resilience
AI could prevent around $70b in infrastructure losses yearly.
Ping An Life and P&C seen maintaining stable capital, profits
A planned $2.79b capital injection from Ping An will further support its capital base.
Asia’s insurance markets grow in 2024 on life, health gains
China led Asia’s life insurance recovery.
Ping An P&C maintains stable margins in new-energy policies
Ping An P&C’s capital and surplus rose 9.0% year-on-year.
China insurance assets rise 13.9% to $5.03t in Q4 2024
Property and casualty insurers recorded $406b in assets.
P&C insurers stuck with costly legacy tech, McKinsey warns
Legacy platforms are driving up IT costs and limiting operational agility.
Ping An P&C settles 10,400 claims after Beijing hailstorm
The storm produced hailstones larger than 3 cm in diameter.
Property and casualty insurtechs raise $1.13b in Q1 2025
Since 2012, over $60b has been invested in insurtech companies.
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AI isn’t replacing insurance, it’s finally making it work