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02 May 2024
Risk-adjusted property-catastrophe reinsurance pricing turns moderate at 1 June
Asia:
Private equity-backed reinsurers' appetite for region's life insurance assets remains strong
Singapore:
MAS extends Fair Dealing Guidelines to all financial institutions, products and services
India:
Regulator issues health insurance umbrella regulation, stipulating three-hour cashless claim settlement
Japan:
Strong profitability and capitalisation underpin stable outlook for P&C insurance sector
Taiwan:
Medium-sized non-life insurer improves underwriting profitability to pre-COVID-19 levels
30 May 2024
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Latest Highlights
Asia:
Insurance pricing moderates as rates decline
Ensuring a smooth transition in digitalising and automating processes
Japan:
Inflation continues to affect insureds exposed to Nat CAT
Hong Kong:
IA finishes public consultation on draft rules for RBC regime
China:
Uncertain economic prospects impact insurer ratings
more »
Editor's Picks
Reinsurance:
Ensuring mental health wellbeing in reinsurance
Claims:
Claims still require a human touch
Market Profile:
Tough renewals and regulations for smaller reinsurers in Korea
Notebook:
Innovation in action
more »
China
31 May 2024
China's life market growth rate expected to be eclipsed by India's in next 10 years
Insurance market reaches US$350bn in cumulative premium income in Jan-Apr 2024 period
FuSure Re eyes double-digit growth in gross premium over 2024-27
Huize eyes entry into Southeast Asia through M&As and cooperative ventures
New China Insurance is first among listed insurers to spell out corporate policy on interim dividends
more »
Other News
C-Suite
Asia:
CFOs debate IFRS17 and AI in Singapore
Australia:
Insurers are among employers to grant highest salary hike in 2024
Macau:
Insurance sector looks to government's talent scheme to attract expertise
more »
Life & Health
China:
Sociologist points to need to include hospice care in health insurance system
India:
Biggest life insurer keen on expanding into health insurance
China predicted to contribute 17% of additional life insurance premiums globally over next 10 years
more »
Non-Life
Philippines:
Investment yields contribute to improved insurance industry outlook
Australia:
April storms generated insured loss of nearly US$120m
Japan:
Claim payouts for Noto Peninsula Earthquake exceed US$540m
more »
People
Asia:
WTW appoints new regional cyber growth leader
Asia:
Crawford & Company appoints new president
Asia:
Kairos appoints new CTO
more »
Reinsurance
India:
Higher investment income pushes up GIC Re's FY2024 net profit
Japan:
Tokio Marine Life inks separate deals with 2 major reinsurers
Registration for the 2024 Singapore International Reinsurance Conference (SIRC) now open
more »
Regional
Singapore:
Major insurer explores regional expansion
China:
Economic data show short-term improvements
Southeast Asia:
Launch of region's first SEA Green Economy Index
more »
Regulations
Sri Lanka:
Regulator introduces Optional Compensation Scheme for auto accident victims
Australia:
Insurance lobby calls for revamp of General Insurance Code of Conduct
Thailand:
Regulator orders 23 EV insurers to submit risk management plans
more »
Risk Management
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Asia:
Insurance-related bodies reach out to students via quizzes and contests
South Asia:
Region most mentioned as "The next big conflict" arena
Australia:
General insurers boost fight against fraud and scams
more »
Technology
Pakistan:
Regulator begins digitising licensing and regulatory approvals for insurance
Australia:
General insurance body outlines AI-related risks and opportunities
Thailand:
Regulator and general insurers launch database to promote industry development
more »
Press Release
28 Nov 2023
-
Asia Insurance Review Press Release - 28 November 2023 - SIRC: Energy, passion and informed debate
16 Nov 2023
-
10th Middle East Insurance Industry Awards winners prove their mettle amid intense competition
30 Oct 2023
-
27th Asia Insurance Industry Award winners highlight the importance of innovation and agility
more »
Magazine
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