Insurance
India's life sector projected to hit $98.5b in GWP by 2024
Catalysts include favourable demographic factors and economic recovery expected over H2 2021.
India's life sector projected to hit $98.5b in GWP by 2024
Catalysts include favourable demographic factors and economic recovery expected over H2 2021.
China's ZYIC's underwriting profit still thin despite gains from crop insurance
ZYIC has reported net profits consistently over the past five years.
Australia's resources sector at risk of not securing insurance, funding
This is due to banks and insurers trying to appease activist shareholders, QRC said.
AIA's China Post Life investment, Hubei licence add to medium-term China growth
It should complement AIA's operations and expansion strategy in China.
Taiwan's Shin Kong Life to divest stake in Dingcheng Life
Taiwan’s Shin Kong Life is planning to divest its remaining 25% stake in Beijing-based Dingcheng Life, gaining $66.2m (CNY428m) in the process...
Indian life insurers' new business premiums inch 7% in FY2020-21
Private insurers grew 8% in individual business, whilst group business saw a 20% growth.
What to expect from India's health insurers amidst COVID-19 resurgence
The sector is already expected to hike its premium rates in response to claims experience.
Headwinds persist for Japan's life insurers as low rates stifle investment income
However, most domestic life insurers maintain robust risk-adjusted capitalisation.
LiquidX's Singapore entity obtains MAS insurance brokerage licence
LISS will help banks, asset managers, and corporates access trade credit insurance coverage.
Aussie insurers urged to act quick for continuity, stability
The sector also has three key areas of main focus and concern.
Philhealth to cover COVID-19 vaccine side effects
The insurer will grant a maximum of $2,052 for hospitalisations.
Euler Hermes, NORD/LB close APAC's first Green2Green credit policy
The Green2Green Single Risk solution provides insurance to green transactions.
GIC Re posts $268.3m net profit for FY2021
Gross premiums during that period fell 7.1%.
AIA to buy 25% of China Post Life
China Post Life is a subsidiary of China's postal service operator.
How the Asian energy insurance sector is making moves despite shifting demands
NOCs will still explore oil & gas options, but some investments will be directed at renewable projects.
Bharti AXA Life's total premium income inch up 4.3% in FY2021
Renewal premiums jumped 10% in 2020 to 2021, but COVID-19 hit new business premium income.
Japan's general insurers to further focus on climate change for FY2021
It has also commenced its Ninth Mid-Term Business Plan.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
