P&C insurance
China to boost commercial insurance annuities
China to boost commercial insurance annuities
It also plans to establish a regulatory framework for its supervision.
P&C insurance profits bolster ZhongAn's performance
AM Best expects ZhongAn’s to continue facing challenges from investment fluctuations.
Zurich’s P&C segment in Asia grows 4% YoY in 9M 2024
The Life insurance segment saw its new business premiums increase by 6%.
Generative AI slashes P&C claim times by 50% – Bain & Co.
It could also decrease loss-adjusting costs by 20% to 25%.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC P&C insurers face different risks compared to their US counterparts.
Milton’s $50b losses won't impact rated insurers: Fitch Ratings
This will bring 2024’s total global insured losses to over $100b.
Global P&C insurance rates stabilise after hikes
Reinsurance rates globally are expected to be flat or slightly lower in 2025.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
What will drive the Thai general insurance market to reach $10.9b by 2028?
Motor, the largest segment, is expected a boost from EV registrations.
Earthquake insurance uptake grows significantly in Taiwan
25 years after the Chi-Chi earthquake, TREIF has increased its event funding to $
Japanese worry most about loss of property, life
88.9% of respondents cited earthquakes as their primary concern.
Japan’s big-four insurers to raise fire insurance premiums 15%
The decision comes in the wake of failing profitability in the fire insurance market.
China P&I's investment in CMBC dominates asset portfolio
The past five years saw an average return on equity of 5.3%.
Hyundai Insurance China faces capital challenges amidst expansion
HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.
Property catastrophe market finds balance in H1 2024
Guy Carpenter estimated an additional $35b to $40b in limit purchases worldwide.
P&C reinsurers post strong Q1 underwriting income
The average combined ratio for the selected reinsurers was 84.2% in Q1.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
