risk management
Stable underwriting improves China Taiping Insurance's outlook
Stable underwriting improves China Taiping Insurance's outlook
Capital and surplus increased by 2.4% in 2023, reaching $679m.
Charles Taylor expands regional network with New Zealand's Carter Briggs Hurle
It aims to enhance claims management across Australasia.
Asia shies away from savings to protection products
This is to align with ICS and IFRS 17 standards.
Petrolimex Insurance profits from low-loss property and marine lines
PJICO follows a conservative investment strategy, with most investments held in deposits.
Insurers face challenges from aviation grey zone conflicts
GPS spoofing and jamming are growing threats for insurers.
Chubb Life’s strong regulatory capital supports stability
Fitch expects it to continue prioritising regular-paid and protection-focused policies.
International Association of Insurance Supervisors sees stable 2025
Supervisors are implementing stress testing and contingency planning to mitigate risks.
Taikang's robust capital to aid in business expansion: Fitch Ratings
Taikang Group’s profitability is supported by its value-driven business strategy.
Fitch expects continued capital adequacy for Japanese insurers
Weaker investor pressure has allowed insurers to build excess capital.
Muang Thai Life bags $4b in total new business premiums for 9M 2024
Despite increased acquisition spending, MTL’s topline declined year-on-year during.
Malaysian Re benefits from favourable pricing, tighter practices
Its underwriting performance rebounded sharply in FY 2024.
CTBC Insurance maintains strong capital adequacy
Its pandemic-hit capital position has now returned to pre-COVID levels.
Generali, UNDP boost Thai MSME resilience with risk assessment tool
Key goals include raising entrepreneurs’ awareness of resilience strategies.
Aviation governance raises risk management stakes
These companies average a market capitalisation of $43b.
Zking P&C reduces high-risk insurance exposure
The insurer sees ROE to rise 5% end-2024.
Fidelidade Macau to retain earnings, strengthen capital
Fitch expects the risky-asset ratio to remain consistent.
NongHyup P&C Insurance benefits from NACF’s support
Its capital and surplus saw significant growth in 2023 due to IFRS 17 adoption.
Commentary
AI isn’t replacing insurance, it’s finally making it work