Insurance
South Korea’s life insurance industry to exceed $190b by 2027: GlobalData
One of the driving factors is South Korea’s shrinking ageing population.
South Korea’s life insurance industry to exceed $190b by 2027: GlobalData
One of the driving factors is South Korea’s shrinking ageing population.
Great Eastern Life focuses on sustainable development
Head of Sustainability Winnie Tan outlines insurance firm’s initiatives to foster partnerships in promoting sustainability in Southeast Asia.
Global reinsurance to breath above waters, life sector will see greener grass: S&P Global Ratings
Favourable reinsurance pricing, especially in short-tail lines, is expected to continue.
Mainland visitors drive FWD Hong Kong’s new business sales and count in H1 2023
Its new business sales count also climbed 34%.
QBE Insurance selects Peter Burton as chief underwriting officer
He has over 15 years of experience with QBE.
Australia’s health insurance doubles in first semester – APRA
Investment income rebounded year-on-year, driving overall earnings growth.
Chubb names two new division heads
They will both report to Hng Keng Yoong, Chubb’s Singapore president.
Global reinsurance environment grows 13% YoY in H1 – Gallagher Re
This was attributed to strong investment activity and good underwriting results.
The majority of Indians are underinsured – Study
About three in 10 Indians believe that health insurance coverage starts on day one.
Australia’s general insurance earnings jumps eightfold in June
It accumulated AUS$4.6b.
Joe Pickford is Tokio Marine Kiln’s new aviation underwriter
He will be based in Singapore.
Aon appoints new head of construction and infrastructure for Asia
He has been in the insurance and construction industry for 23 years.
Great Eastern bridges sustainability and insurance through portfolio integration
The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue...
Korean insurers are likely to keep fidgeting business mix amidst K-ICS implementation
K-ICS ratio without applying transitional measures stood at 192.7% at the end of the first quarter of 2023.
Sun Life Hong Kong gets green light to adopt risk-based capital regulation
Implementation of the new solvency capital basis took effect last 30 June.
National Disability Insurance Scheme needs to improve – Actuaries Institute
Presently, there are 313,000 NDIS participants under the age of 18.
China's insurance sector shows fit solvency ratio
The solvency ratio was 188% as of the second quarter.
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