risk management
Insurers plan increased use of facultative reinsurance by 2025
Insurers plan increased use of facultative reinsurance by 2025
Yet, over half of decision makers identified capacity as a major obstacle.
Korean Re's focus on profitable lines boosts outlook
It’s operating performance remains adequate, with an ROE of 9.5%.
What business risks insurers need to be aware of this 2025
Labour and talent shortages have overtaken economic concerns, said business leaders.
QHR Life Reinsurance drives strong underwriting: AM Best
The company’s capital and surplus increased by 4.3% to $500m in 2023.
Lonpac expected to hold 7% of Malaysia's market
The company has demonstrated consistent capital growth over the past five years.
PICL to sustain a strong capital level amidst growth: AM Best
However, long-duration policies in PICL's portfolio pose reserving risks.
Asian life insurers maintain strong capitalisation
Singapore Life and Muang Thai Life exhibit some financial leverage, unlike others.
Insurance could cushion a $14t economic loss from a pandemic scenario
The transportation sector will be significantly hit, which accounts for 10% of the global GDP.
Resolution Life acquisition could add $330m to Nippon Life's profit
Fitch views the transaction as credit-positive for Nippon Life.
Zheshang Insurance capital position under pressure: Fitch Ratings
Fitch also highlighted concerns over the insurer’s higher asset and liquidity risks.
AIA maintains strong capital position in 2024: Fitch
Thanks to a coverage ratio of 262% under the local capital summation method.
Taiwanese insurers boost capital ahead of 2026
Major life insurers have either received equity capital injections or issued bonds.
Singapore Re sees positive shift in underwriting
Thanks to favourable claims experience and business growth.
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.