Insurance
Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation
The renewal season reflects significant changes in market conditions compared to the previous year.
Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation
The renewal season reflects significant changes in market conditions compared to the previous year.
Disinformation and misinformation are top risks in 2024 – WEF
Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.
Reinsurance likely to face ‘cyclical and structural change’ in 2024: Howden
In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.
Select life insurers show strong profitability – Fitch Ratings
Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.
Korean non-life and life industry stands steady in 2024 – Fitch Ratings
Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher...
Life insurers urged to examine contracts for transparency – APRA & ASIC
The joint APRA and ASIC review prompts regulatory expectations for Australian life companies.
Bright 2024 ahead for Australian insurance industry – Jefferies report
Investment income is anticipated to remain at elevated levels or potentially improve.
More Malaysian customers satisfied with the general insurance industry – Survey
Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.
Arthur D. Little sees embedded finance growth to $350b in 2024
Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.
Inflation hits non-life insurance hard, property and motor sectors face uphill battle: Malaysian Re
The main impact of inflation on insurers' balance sheets is likely to be an increase in claims costs.
Global reinsurers must have a watchful eye: AM Best
Reinsurers must navigate a high inflationary environment.
Global insurtech investments impress Q3 expectations: Gallagher Re
P&C insurtech investment mainly pushed the quarter’s growth.
APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey
The region’s 2023 prediction is smaller than the global average of 10.7%
China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura
The agreement aims to adhere strictly to regulatory requirements.
Only six out of 10 said they are ready to handle business risks: Aon survey
About three of 10 persons have been affected by last year’s top business risks.
APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re
The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.
Global M&A claims surge despite smaller deal volume: Report
In 2022, the largest claims still originate from accounting and financial issues.
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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.
