Insurance
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China's insurance premiums increase by 5.1% YoY
Year-to-date, the industry’s assets climbed 10.4%.
Korean insurers dominate overseas investment in real estate
Investments mounted to KRW $42.1b.
China’s pension system reels 60 million new individuals
Presently, 762 products are offered in the new pension system.
Global reinsurance market set for robust profit margins
AM Best expects reinsurers to maintain underwriting discipline in the near term.
Japanese life insurers to maintain strong credit in FY2025
Fitch Ratings expects insurers' capital adequacy to stay adequate.
Life insurance reaches new high in Hong Kong
This marked a 57% year-on-year in annualised new premiums.
Australia, NZ retail banks face tougher headwinds
Both loans and deposits will see increased competition.
CEO unfolds how Indonesian firms can focus on growth amidst new regulations
Whilst the market drives towards growth, new rules shrink insurer presence.
Higher EV sales to surface new insurance risk factors: SRI
EV insurance can take the global market size to more than $200b in 2030.
Commitment issues rise amidst climate risks dampen insurance reliability
Typhoon Koinu alone in 2023 led to over $500m in insurance claims.
Japanese insurers eye profit from hikes in fire and auto insurance
FY24 profit targets exceeded Jefferies’ forecasts.
HK insurers’ Q1 premiums mounts $22b in premiums
On a year-on-year basis, it climbed 12.2%.
What will drive Australia’s PA&H industry to reach $27.8b premiums in 2028?
The market is projected to expand by 5.9% in 2024.
How Grandtag secures the bag for Asia’s richest
Grandtag Financial’s regional CEO spills how ‘jumbo life insurance’ attracts UHNWIs in Asia.
Pet insurance market set to reach $40.2b by 2033
In the region, China and India have the largest pet population.
Chinese insurers deem it wise to move to alternative investments
Analysts see new regulations driving a conservative shift as insurers seek stability amidst volatile markets.
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Malaysia Technology Excellence Awards 2024 Winner: Medivest Sdn Bhd
Abdullah Hashim, CEO of Medivest Sdn Bhd, highlights the company's pioneering role in revolutionising healthcare waste management in Malaysia since 1997.
