risk management
TONG YANG Life maintains stability amidst ownership change
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
PT Asuransi's capital strength to stay strong into medium-term
AM Best views TUGU’s investment portfolio to be of moderate risk.
Dai-ichi Life to cut equity risk by over 50% by 2030: Fitch Ratings
Its financial leverage is also seen to remain below 23%.
Japanese insurers see profit surge in H1 2024, investment gains
The outlook for fiscal 2024 remains positive, said CreditSights.
Insurance sector to aid in New Zealand climate policy development
The CE said a large portion of NZ-ers live in high-risk areas.
Southsure Assurance profitability tied to revenue control: Fitch Ratings
Limited presence and exposure to possible regulatory intervention challenge its profile.
Taiping Reinsurance financials not affected by LA fires: Fitch Ratings
It also reduced its US business in recent years to limit catastrophe exposure.
Nippon Life maintains stability with strong capitalisation
Nissay’s capital position is supported by a 52% increase in absolute capital to $68b.
Fubon Insurance poised for 2024 turnaround
But the company’s capital position is unlikely to return to pre-pandemic levels.
Meiji Yasuda expected to sustain performance long-term
Last year, the company’s base profit was at $3.6b.
China's insurers to adjust investment risk controls
Big state insurers will be directed to raise both the size and proportion of their investments.
Singlife’s profits to slowly improve: Fitch Ratings
Its H1 2024 earnings rebounded from a loss in 2023.
Malaysian Re’s expansion into non-traditional segments to drive growth
The company’s operating performance was seen as “adequate”.
South Korea increases foreign exchange insurance to KRW1.4t
The government will provide $248b in policy financing to exporting companies.
AI will enhance risk assessments: FM
The insurer also shared 8 risks businesses should be aware of.
8 in 10 insurers plan to increase tech investment this year
36% of insurers prioritise AI and machine learning.
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