Insurance

Commitment issues rise amidst climate risks dampen insurance reliability

Typhoon Koinu alone in 2023 led to over $500m in insurance claims.

Commitment issues rise amidst climate risks dampen insurance reliability

Typhoon Koinu alone in 2023 led to over $500m in insurance claims.

Japanese insurers eye profit from hikes in fire and auto insurance

FY24 profit targets exceeded Jefferies’ forecasts.

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

How Grandtag secures the bag for Asia’s richest

Grandtag Financial’s regional CEO spills how ‘jumbo life insurance’ attracts UHNWIs in Asia.

Pet insurance market set to reach $40.2b by 2033

In the region, China and India have the largest pet population.

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.

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. 

Is ‘Londonisation’ good for Asia’s M&A insurance market?

Industry experts dissect the region’s low usage rates for M&A insurance despite more industry players entering the field.

Generali China deal tops Q1’24 APAC transactions

Generali agreed to buy a 51% stake in Generali China Insurance.

52% of India’s health insurance policyholders indicate a premium increase

The industry’s premiums are expected to rise 10% to 15%.

Hong Kong general insurance GWP to reach $10.9b by 2028

Rising consumer prices can affect the industry’s profitability in the short-term.

Global M&A rebounds, APAC outshines peers

WTW said this trend was mainly seen in the W&I insurance market.

China's long-term care insurance sees regulation overhaul

Since its launch, the scheme has covered 180 million people.

Why are intangible assets more valuable but less insured?

Only 44% of respondents feel prepared for an IP ‘Black Swan’ event, Aon said.