Insurance
Zurich pays over $1.53b in life insurance claims in 2023
Lifetime cost estimates for spinal cord injury ranged between $6.8m and $12.9m.
Zurich pays over $1.53b in life insurance claims in 2023
Lifetime cost estimates for spinal cord injury ranged between $6.8m and $12.9m.
China's insurance premiums increase by 5.1% YoY
Year-to-date, the industry’s assets climbed 10.4%.
Geneva Association elects CEO of AIA as chairman
Three new board members represent Tokio Marine, BNP Paribas, and Achmea.
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.
Mitsui Sumitomo Insurance boasts strong capital base: AM Best
Thanks to its resilient capital base and strategic equity disposal plans.
bolttech maintains a low investment risk profile: Fitch Ratings
Its local solvency ratio was 509% at the end of 2023.
Miller names head of non-marine broking for Japanese arm
Tokinori Kono joins from I&T Risk Solutions.
Japanese life insurers to maintain strong credit in FY2025
Fitch Ratings expects insurers' capital adequacy to stay adequate.
German supermarket chain dips toes in Australia’s insurance market
It will offer car and home insurance.
8 in 10 Asians cite healthcare costs as top concern
Yet, 39% said they prioritise physical well-being more than finances.
FWD Group revives Hong Kong IPO plans: Report
The insurer could aim for a valuation of up to $9b in an IPO.
SEADRIF selects Gallagher Re as broker
Gallagher Re will provide SEADRIF products and business advise.
Chubb acquires Australian aviation insurer
The insurer hopes to broaden its reach in the aviation industry.
Hong Kong's EV insurance market to grow 30% by 2026
Rising EV popularity will drive demand growth for insurance.
RBI approves Zurich's 70% stake in Kotak Bank’s insurance arm
The acquisition is worth Rs5,560 crore.
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