News
Union Insurance settles pandemic claims, boosts capital
Its adjusted capital and surplus have returned to pre-COVID levels.
Union Insurance settles pandemic claims, boosts capital
Its adjusted capital and surplus have returned to pre-COVID levels.
Howden Re sees property-cat rate decline
Forecasts show a 60% chance of La Niña developing midseason.
MSIG to stay afloat in the next 2 years: S&P
MSIG HK is unlikely to be sold despite its small capital and earnings contributions.
HDI Global's Q1 net income rises to $112m
Thanks to inflation-related price changes and new business in property.
Cathay Life projects continued profitability: S&P
The life insurer is likely to remain the group's flagship entity, dominating revenue and assets.
Sunshine Life retains adequate capital buffer: Moody’s
The insurer was able to show an ROC of 4.7% in FY23.
Taiwan life insurers' foreign sales rise 6% in March
Investment-linked insurance products generated NT$9.3b during the month.
Etiqa SG unveils Tiq CashSaver for young families and adults
The minimum monthly savings amount starts at S$125.
Manulife SG elevates pro recognition programme
The programme holds a 67% retention rate.
FWD Group reports 17% growth in VNB for Q124
The company saw $215m in terms of value of new business.
India repeals 55 health insurance documents
On a good note, policyholders gain more product choices.
Taiwan insurers rebound to $4.76b in profits for April
It was a far cry from the $270m loss in 2023.
Howden inaugurates SME cyber insurance platform
Only one in 10 SMEs invest in cyber insurance.
Hong Kong Investors wary of insurer growth divergence
IFRS 17 tends to undervalue savings contracts, Jefferies noted.
Japan insurers pay $215m for April hail damage
Nearly 100% of the claims received were covered.
Prudential Hong Kong forms alliance with 7 local hospitals
This partnership aims to build a healthcare ecosystem in Hong Kong.
Indonesian fintech protects 200k customers through Qoala, Sompo collab
JULO Protect Plus is the first insurance cover embedded in its virtual credit card solution.