P&C insurance
Ping An Life and P&C seen maintaining stable capital, profits
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.
Zurich’s APAC segment sees P&C climb 6% in Q1 2025
Globally, life business also posted significant gains.
FM unveils $1b membership credit for policyholders in 2025–2026
Policyholders with 10 to fewer than 15 years will receive 12.5%.
Fine art insurance market set to reach $838.4b by 2034
APAC is seen as the fastest-growing region.
Pacific commercial rates down 8% in Q1 2025
Marsh recorded declines across all major lines of business.
Swiss Re warns motor insurers on rising claims pressures
Last year saw 90 million car sales, which required mandatory motor coverage.
P&C insurance market prepares for demographic shift by 2050: Capgemini
45% of consumers expect to spend more on lifestyle upgrades.
Japan’s top P&C insurers post double-digit profit growth in fiscal 2024
Domestic net premiums written also grew across all three insurers.
Chubb launches new casualty, cyber coverage for life science firms in APAC
Businesses will have access to multiple insurance lines through a single package.
Myanmar quake shows urgent insurance need in Asia: Howden
Myanmar is considered to have a low insurance penetration rate.
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
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