Insurance
Japanese life insurers poised to surge $350b by 2028: GlobalData
Japanese life insurers poised to surge $350b by 2028: GlobalData
The industry should increase 4.6% in 2023.
Insurance rides high on surge in Hong Kong travellers
CEO Jim Qin of Zurich Insurance cites a trend for extended vacations among Hongkongers in 2023, boosting travel insurance sales.
Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters
Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward.
January renewals show upbeat market, capital to rise
Last year was profitable for reinsurers with returns almost reaching 20%.
Korea bound for greener pastures in 2024, 2.6% growth projection
Non-life market to beat life sector in premium volume.
Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation
The renewal season reflects significant changes in market conditions compared to the previous year.
Disinformation and misinformation are top risks in 2024 – WEF
Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.
Reinsurance likely to face ‘cyclical and structural change’ in 2024: Howden
In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.
Select life insurers show strong profitability – Fitch Ratings
Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.
Korean non-life and life industry stands steady in 2024 – Fitch Ratings
Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher...
Life insurers urged to examine contracts for transparency – APRA & ASIC
The joint APRA and ASIC review prompts regulatory expectations for Australian life companies.
Bright 2024 ahead for Australian insurance industry – Jefferies report
Investment income is anticipated to remain at elevated levels or potentially improve.
More Malaysian customers satisfied with the general insurance industry – Survey
Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.
Arthur D. Little sees embedded finance growth to $350b in 2024
Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.
Inflation hits non-life insurance hard, property and motor sectors face uphill battle: Malaysian Re
The main impact of inflation on insurers' balance sheets is likely to be an increase in claims costs.
Global reinsurers must have a watchful eye: AM Best
Reinsurers must navigate a high inflationary environment.
Global insurtech investments impress Q3 expectations: Gallagher Re
P&C insurtech investment mainly pushed the quarter’s growth.
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