News Regional

South Korea: Local insurers' operations abroad turn to profits in 2024

The overseas businesses of South Korea's domestic insurance companies turned a profit in 2024. Their combined net income turned around by $173.4m from a loss of $14.3m in 2023 to $159.1m, according to a statement released by the...

AIR team | 14 May 2025

Asia: Composite insurance rates fall in 1Q2025, the 5th consecutive quarter of negative growth

Composite insurance rates in Asia fell 3%, on average, in the first quarter of 2025 due to competition, according to the Global Insurance Market Index released by Marsh.

Reva Ganesan | 06 May 2025

Nominations are now open for the prestigious Asia Insurance Industry Awards

Nominations are now open for the 2025 Asia Insurance Industry Awards (AIIA), kicking off the 29th edition of the Awards, to discover who will proudly hold trophies aloft in November.

AIR team | 03 Apr 2025

Asia Pacific: Economic risks remain top-of-mind with extreme weather, natural disasters and talent shortage concerns

Economic downturns, such as recessions and stagnation, alongside the concern for the increasing frequency of weather events, natural disasters and labour and talent shortages, remain the most pressing concerns for businesses across the Asia...

AIR team | 17 Dec 2024

ASEAN: Bright growth outlook for private health insurance

AIR team | 27 Nov 2024

Asia Pacific: Survey sheds light on Gen Z's insurance awareness level and other traits

AIR team | 22 Nov 2024

Asia Pacific: Allianz maintains momentum with double-digit growth in first 3 quarters

AIR team | 22 Nov 2024

Insurance M&A in Asia balances market volatility and technological advancements

Reva Ganesan | 12 Nov 2024

Past Articles

Asia Insurance Industry Awards 2024 winners receive their laurels

05 Nov 2024

Asia Pacific: Opportunities exist in accident & health, cyber, and electric vehicle insurance

04 Nov 2024

Govt to loosen rules to encourage insurers and other FIs to build Taiwan into Asian asset management hub

31 Oct 2024

Asia: Composite insurance rates drop further in 3Q2024, with falls in all major lines

25 Oct 2024

Asia: Actuaries are the bridge between technology and risk

24 Oct 2024

Vietnam: Retirement income system ranks 38th out of 48 globally

17 Oct 2024

Singapore: Specialist Risk Group launches operations in Asia Pacific and acquires broker

17 Oct 2024

Asia Pacific: Insurers reduce exposure to equity or credit risks

16 Oct 2024

More »

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