The Indonesian General Insurance Association (AAUI) has indicated that the non-life insurance market would likely find it difficult to improve investment returns this year.
Japan's insurers turned net sellers of superlong government bonds in May, reversing their early fiscal-year buying as yields climbed to multidecade highs and volatility increased in the market.
Chinese insurers are pivoting rapidly toward the private equity secondary market, driving a wave of large-scale investments to counter prolonged low domestic interest rates.
Six life insurance companies--China Life, Ping An Life, Taiping Life, Taikang Life, Taiping Life, and PICC Life--have been approved as the first batch of insurers to carry out Southbound Connect bond investments.
The illustrated interest rate for participating life insurance policies in China is set to be lowered, starting on 1 July this year.
The Australian Prudential Regulation Authority (APRA) has written to banks, insurers and superannuation funds, setting out its minimum expectations in relation to their readiness for geopolitical shocks.
Generali Group has announced the appointment of Mr Luca Cetrano as Group Chief Investment Officer.
An investment fund model similar to the Private Pension System (BES) should be created in the life insurance market in Turkiye, according to the President of the Insurance Association of Turkiye, Mr Ahmet Yasar.
Many insurers in the Asia-Pacific region now favour capital-light product strategies and are shifting to products that are less sensitive to interest rates, particularly protection products linked to mortality and morbidity risk, says Fitch Ratings.
The recent interest rate increase in Indonesia is seen to have consequences for the insurance industry, particularly on investment value and company liquidity management.