insurance
Pet insurance market set to reach $40.2b by 2033
In the region, China and India have the largest pet population.
Pet insurance market set to reach $40.2b by 2033
In the region, China and India have the largest pet population.
Tokio Marine targets EPS growth of 8% by 2026 in new plan
Its new mid-term plan aims to counter risks and boost control.
Chinese insurers deem it wise to move to alternative investments
Analysts see new regulations driving a conservative shift as insurers seek stability amidst volatile markets.
Nomura lifts target prices for Chinese insurers to 12%
The adjustment follows a 100 basis point reduction in its risk discount rate.
Generali’s GWP surges 21.4% YoY in Q1’24
This growth was driven by both its life and P&C businesses.
Usage-based insurance to propel with a CAGR of 27.6% by 2030
The market is projected to reach $64.29b
Zurich, AEON target gap in Takaful market
The partnership aims to integrate fintech with Islamic finance.
Disappointing 1Q'24 dampens Prudential's outlook: Jefferies
Jefferies reduced its price target by 22%.
India’s non-life sector could see 15% growth in the medium-term
This would be driven by India’s GDP and disposable income levels.
Groke calls for strong implementation of ship situational awareness systems
17% of marine insurance claims from 2017 to 2021 were due to collisions, foundering, or sinking.
How does S. Korea fare in terms of risk resilience?
It ranked lowest in climate risk exposure at 109th place.
Tokio Marine nearly doubles its FY’24 net income
It saw its assets reach $200b.
April storm causes AU$176m in insured damages in NSW
The storm brought in 14,781 claims.
Corebidge acquisition could catapult Nippoin Life’s profitability
Fitch projects an increase in consolidated core profit by ~$580m.
MS Reinsurance rebounds in FY’23 amidst favourable conditions
Gross written premiums increased by 34%.
How resilient is Thailand amidst business risks and opportunities?
It ranked 64th place in the overall index.
Australian council addresses AI Risks, touts strong data management
ICA calls for government-industry-academia collaboration.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
