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Property & Casualty tag returned 1443 results

  • Non-life market improves profits in 1H2019

    The 1H2019 financial performance of 72 unlisted non-life insurers in China shows that losses were widespread among them. However, the overall financial results have improved.

    China | 23 Aug 2019
  • Insurance penetration improves but uneven regional development persists

    Insurance density in China increased by 1.4 times in the last seven years, rising to CNY2,724 ($385) in 2018 from CNY1,131 in 2012, while insurance penetration improved to 4.22% from 2.98% over the same period. However, despite these improvements, huge regional imbalances are still present in the iChinese nsurance market, says the international professional services firm EY.

    China | 23 Aug 2019
  • 6 major listed insurance groups see premium income rise by 9% during Jan-Jul

    China's six major A and H-share listed insurance groups have reported a combined premium income of CNY1.69tn ($239m) for the first seven months of this year, an increase of 8.77% over the corresponding period last year.

    China | 23 Aug 2019
  • Asia: 30th EAIC website launched and ready

    The Seoul Organising Committee for the 30th East Asian Insurance Congress (EAIC) has launched its official website for the Congress.

    Asia | 23 Aug 2019
  • Excellence on display: Aus and NZ insurance winners

    The Star Sydney in Pyrmont was the appropriately-named venue for the glittering Australian Insurance Industry Awards for 2019 held last night - the 16th year of the awards.

    Asia | 23 Aug 2019
  • Industrial insurer adds senior property UW to Australia team

    HDI Global SE, the industrial insurer of the HDI Group, has hired Mr Abishesh Chettiar as senior underwriter of property (Northern region) in Australia.

    Asia | 22 Aug 2019
  • Jordan: Life market sees 8% growth in 2018

    Total premiums written in the life insurance sector in Jordan amounted to JOD86.3m ($122m), an increase of 8% compared to JOD79.8m in 2017, data released by the Ministry of Industry, Trade and Supply show.

    Middle East | 22 Aug 2019
  • Indonesia: Credit insurance helps push non-life market growth

    The general insurance market grew by 20.6% to IDR39.95tn ($2.8bn) in terms of gross premiums in the first half of this year, compared to the corresponding period last year, according to data from 75 general insurance companies compiled by the Indonesian General Insurance Association (AAUI).

    Asia | 22 Aug 2019
  • Vietnam: Insurance market eyes 20% growth this year

    The Vietnamese insurance sector has targeted a growth rate of 20% for this year, according to the Vietnam Insurance Association.

    Asia | 22 Aug 2019
  • Total cost of risk up by 2% in 2018 due to rising insurance rates

    Businesses and organisations paid nearly 2% more in 2018 than they did in 2017 to cover the total cost of risk (TCOR), according to the 2019 Risk and Insurance Management Society (RIMS) benchmark survey.

    Asia Risk | 21 Aug 2019

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