Thailand: General insurance sector predicted to grow by 5% in 2023 Total premiums in the Thai non-life insurance sector are forecast to expand by 4.5-5% to reach THB282bn ($8.56bn) - THB287bn in 2023 on the back of economic revival, according to the Thai General...
AIR+ AIR+ APAC reinsurance hindered by natural hazard losses and inflation With APAC's exposure to extreme weather events leading to unsustainable natural hazard losses and...
India: Union Budget to cap tax exemption on life insurance maturity benefits Finance Minister Nirmala Sitharaman, in her annual Union Budget speech yesterday, proposed to...
Reinsurance: Hannover Re expects group net income to increase to at least US$1.86bn in 2023 Hannover Re generated a group net income of EUR1.41bn ($1.54bn) in the 2022 financial year (2021:...
AIR+ Contingent legal risk insurance launched in APA Liberty Global Transaction Solutions (GTS) has launched its contingent legal risk insurance (CLRI)...
India: Insurance penetration boosted by government programmes Insurance adoption and penetration in India increased largely due to government schemes and...
AIR+ India: Around 20% health insurance policyholders unaware of basic policy terms In India, one in five health insurance policyholders is unaware of basic policy terms despite...