...Australia's largest global insurer QBE has warned that its profits will see "headwinds" of around $50m-$100m in 2019. Nevertheless, the company remains confident of achieving an improved combined operating ratio and higher overall profitability in 2019 compared with 2018, underpinned by the premium rate increases, expected ongoing improvement in the Group's attritional claims ratio and the recently commenced efficiency programme....Source : eDaily | 13 Dec 2018
...non-life insurance penetration rate is among the lowest in the region, the market potential for us is tremendous. Additionally, the Great Eastern Group, being part of the OCBC Group, will be leveragi...Source : eDaily | 12 Dec 2018
...The Hong Kong Insurance Authority (IA) yesterday launched its Belt and Road Insurance and Exchange Facilitation (BRIEF) platform, to bring together insurance and risk expertise with the aim of realising the potential of China's Belt & Road Initiative (BRI)....Source : eDaily | 12 Dec 2018
...The Department of Financial Services is seeking a capital infusion of INR60bn ($826m) in the three to-be-listed state-owned non-life insurers to shore up their weak solvency position....Source : eDaily | 11 Dec 2018
...Newa Insurance (Cambodia), a joint venture of local investors and Japanese insurance giant, Tokyo Marine, has been officially launched....Source : eDaily | 10 Dec 2018
...Making insurance mandatory via loan linked products is a sure way to boost insurance penetration in India, says IndiaFirst Life Insurance managing director and CEO Ms R.M. Vishakha....Source : eDaily | 10 Dec 2018
...non-life insurer Sadharan Bima Corporation has been increased to BDT5bn and BDT1bn respectively.
The number of members on the board of directors for Jiban Bima and Sadharan Bima corporation...Source : eDaily | 10 Dec 2018
...non-life and life insurers such as Allianz, AXA Tianping and China Life.
Didi entered the insurance sector in 2015 when insurance giant Ping An invested in the company. In October 2015, Did...Source : eCin | 07 Dec 2018
...non-life insurance company in China is particularly successful.
The analysis outlines several factors that foreign insurers have to consider:
1.Insufficient localisation a...Source : eCin | 07 Dec 2018
...Thirty global insurance companies have been called upon to publicly rule out any insurance services for Indian mining multinational Adani's coal mine and associated rail project in Queensland -- in light of its potential climate, social, and broader environmental impacts....Source : eDaily | 07 Dec 2018