insurance
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
Peak Re reports ‘best-ever’ earnings with $200m in FY’23
Favourable January renewals are seen to sustain strong underwriting margins.
AIA boosts buyback, targets 75% payout in 2024
AIA is expected to maintain robust risk management practices, S&P Global says.
NZ general insurance GWP to grow 7.3% annually
The industry is seen to climb 8.3% in 2024.
Firm advises Sanlam on increased stake in Shriram Insurance
It ploys to increase its share in Shriram’s life and general insurance business.
Digital wealth platform targets banks, insurers in Asia
abrdn and FNZ’s platform has $90.9b assets under administration.
Prudential sees 11% YoY rise in Q1'24 new business profit
APE sales increased by 7% YoY to $1.6b.
Hong Kong Life promotes wealth transfer with new plan
It includes features like flexible death settlement options.
Chubb elevates Kate Burke in APAC personal lines
Burke has over 17 years of industry experience and has a background in travel insurance.
60,000 gig workers to get insurance from JodRewards programme
The sponsored benefits are underwritten by Etiqa Insurance Singapore.
Income Insurance debuts in AltaX
Income Insurance shareholders can sell their shares to Phillip Securities.
Health insurers show mixed profit margins in Q4’23
There was a noticeable decrease in market capitalisation noted from Q4’22 to Q4’23.
PICC P&C posts mixed Q1’24 results, eyes stability
Even with a 5% QoQ improvement in investment income, it still saw a 36% YoY decline.
Chinese life insurers cut projections amidst low-interest concerns
Insurers reduced pricing interest rates on traditional products, aiming to lower guaranteed liability costs.
DUAL Australia expands with new insurance line
There are insurable limits of up to $150m per policy available.
Japan's property insurers stay afloat post-earthquake – GlobalData
Economic losses are estimated between $8.6b to $20.3b.
Indonesia lifts sanctions on PT Independen Pialang Asuransi
The broker was able to obtain approval from the authority.
China intensifies healthcare probes over insurance fund concerns
It will be focusing on detecting improper fund usage in critical care,
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
