...non-life insurers, based on its operating scale and 'Neutral' corporate governance. Huatai P&C has an operating history of more than two decades in China's property and casualty insur...
Source : eDaily | 28 Mar 2024...Tokio Marine Holdings (TMH) has established an Investor Relations and Shareholder Relations (IR/SR) desk in New York City as part of the IR/SR Group of the company's Global Communications Department....
Source : eDaily | 28 Mar 2024...The collapse of the Francis Scott Key Bridge in Baltimore early on 26 March after it was struck by a Singapore-registered container ship could trigger a wide swath of insurance and reinsurance policies, and the loss is likely to run into billions of dollars, sources say....
Source : eDaily | 28 Mar 2024...non-life risks, relies on reinsurance protection. Exposure of the non-life capital base to reinsurance recoverables is high. However, the sound credit quality of the group's reinsurance panel lim...
Source : eDaily | 27 Mar 2024...non-life insurance companies in the country totalled KRW13.35tn ($9.96bn) in 2023, reported Yonhap News Agency, citing the FSS statistics....
Source : eDaily | 27 Mar 2024...The Ministry of Trade, Industry and Energy has announced that the government would inject a record amount of KRW255tn ($189.4bn) in trade insurance this year to support exports....
Source : eDaily | 26 Mar 2024...The Insurance Council of New Zealand (ICNZ) has introduced more detailed reporting about complaints in a commitment by the insurance industry to provide greater transparency and openness to New Zealanders....
Source : eDaily | 26 Mar 2024...non-life insurance...
Source : MiddleEast | 25 Mar 2024...non-life insurer in Japan....
Source : eDaily | 25 Mar 2024...non-life insurance company told The Paper that while insurers have to assume social responsibilities, such as supporting China’s dual carbon goal, each insurance entity has its own risk...
Source : eCin | 22 Mar 2024- Source : eCin | 22 Mar 2024
...Leading Qatari insurer, Qatar Insurance Group has formed a joint venture with Mumbai-based Cosmea Financial Holdings and a few other investors to operate in the general insurance sector....
Source : eDaily | 22 Mar 2024...non-life insurance market accounted for more than 70% of the total net premiums of the insurance industry. It also contributed to most of the industry’s growth in 2023 when life insurance busin...
Source : MiddleEast | 21 Mar 2024...New NRMA Insurance research has revealed that 47% of Australians experienced wild weather in summer, as record heatwaves, intense storms and slow-moving cyclones impacted communities across the country....
Source : eDaily | 21 Mar 2024...Non-Life Insurance Association (...
Source : eDaily | 21 Mar 2024...non-life reinsurance business growth in India since 2018....
Source : eDaily | 20 Mar 2024...The UN Development Programme (UNDP) yesterday launched its Insurance and Risk Finance Initiative in Nepal to prioritise financial resilience by tapping into the benefits of insurance and risk financing mechanisms....
Source : eDaily | 20 Mar 2024...non-life industry with less than 1% of the total market share. AM Best views KBFG China’s ERM as appropriate for its risk profile....
Source : eDaily | 20 Mar 2024...The insurance industry in India has received close to INR540bn in foreign direct investments (FDI) in the last nine years....
Source : eDaily | 20 Mar 2024...The insurance sector in Bangladesh faces significant challenges in extending coverage to the vast rural population, with only a small fraction currently insured....
Source : eDaily | 18 Mar 2024...The Hong Kong general insurance industry is set to grow at a compound annual growth rate (CAGR) of 6.3% from HK$67.0bn ($8.6bn) in 2024 to HK$85.6bn ($10.9 bn) in 2028, in terms of gross written premiums (GWP), forecasts GlobalData, a data and analytics company....
Source : eDaily | 18 Mar 2024...non-life insurer in its domestic Egypt market, measured by GWP, with a non-life market share of approximately 7%, according to AM Best in a report in October 2022....
Source : MiddleEast | 17 Mar 2024...non-life insurance companies emphasised the need...
Source : eDaily | 15 Mar 2024...non-life insurance sector saw its premium income rise by 8.91% year on year to FCFA183.65bn. The life market reported a marginal 1.23% increase in premium income to FCFA88.79bn in 2023 compared to 20...
Source : Africa | 14 Mar 2024...non-life insurance revenue in 2022,” said Mr Ken Lau, senior financial analyst at AM Best. “Some insurers derive a higher proportion of premiums from bancassurance due to strategic partne...
Source : eDaily | 14 Mar 2024...non-life sector performed better. Premium income generated jumped by 6.8% to more than MAD31bn, driven by growth in auto insurance, where premiums increased by 6% to MAD14.5bn....
Source : MiddleEast | 12 Mar 2024...The Ministry of Ports, Shipping and Waterways has held discussions on its proposal to set up a domestic protection and indemnity (P&I) club for coastal ships and vessels....
Source : eDaily | 12 Mar 2024...The non-life insurance market posted a 15.3% jump in premium income to IDR103.86tn ($6.7bn) in 2023, according to the General Insurance Association of Indonesia (AAUI). This growth was supported largely by the engineering insurance branch....
Source : eDaily | 12 Mar 2024...non-life insurance groups to be supported by business diversification, particularly profits from overseas business....
Source : eDaily | 12 Mar 2024...Since 27 February, parts of southwestern Asia, including Pakistan, south-eastern Iran and Afghanistan, have experienced heavy precipitation that resulted in casualties and material damage, according to Aon in the 8 March edition of its "Weekly Cat Report"....
Source : eDaily | 11 Mar 2024...non-life insurers.
Industry performance...
Source : Africa | 10 Mar 2024...non-life and life insurance markets and the developments it expects to see over the next 12 months....
Source : eCin | 08 Mar 2024...Generali and the United Nations Development Programme (UNDP) have brought together representatives from the Malaysian Ministry of Finance, Bank Negara Malaysia, the SME Association of Malaysia and the insurance and financial communities to present concrete solutions on how to boost small and medium-sized enterprises' (SMEs) resilience against climate change and other risks....
Source : eDaily | 08 Mar 2024...Women were less likely to have travelled overseas in the last 12 months than men (38% v 50%), while Millennials and Gen Z are more likely than other groups to have travelled overseas (57% and 48% respectively), according to the "Future of Travel 2024" report released by Southern Cross Travel Insurance....
Source : eDaily | 08 Mar 2024...non-life and life insurance markets and the developments it expects to see over the next 12 months....
Source : eDaily | 08 Mar 2024...non-life insurers.
Industry performance...
Source : Africa | 07 Mar 2024...non-life insurance as well as takaful operations. GIG has become one of the largest insurance groups in the Middle East and North Africa with companies in Kuwait, Bahrain, Jordan, Egypt, Turkey, Alge...
Source : MiddleEast | 07 Mar 2024- Source : eDaily | 07 Mar 2024
...non-life insurance market presents a nuanced landscape, with opportunities and challenges for corporate clients and insurance companies.
I...
Source : eDaily | 07 Mar 2024...non-life insurer, was established in 2008. Its roots go back to 1979 when it was operating through a local agent under the name of Saudi Pearl Insurance Company, and registered in Bahrain. Aft...
Source : MiddleEast | 05 Mar 2024...non-life insurance subsidiaries are:...
Source : eDaily | 05 Mar 2024...The New Zealand general insurance industry is set to grow at a compound annual growth rate (CAGR) of 7.3% from NZ$9.7bn ($5.9bn) in 2024 to NZ$12.9bn ($7.9bn) in 2028, in terms of gross written premiums (GWP), according to data and analytics company, GlobalData....
Source : eDaily | 05 Mar 2024...non-life general insurer in India, with an overall market share of 8.2% based on FY2023’s gross domestic premium income. The company’s underwriting portfolio is well-diversified by lines...
Source : eDaily | 05 Mar 2024...non-life segment is estimated to grow at a CAGR of 6.7% to reach $2.1bn by 2028....
Source : MiddleEast | 04 Mar 2024...Listed general insurer Tower plans to offer parametric insurance across five Pacific territories by the financial year ending 30 September 2025 (FY2025), said Tower chairman Michael Stiassny....
Source : eDaily | 04 Mar 2024...non-life insurers have also announced plans to sell all of their cross-shareholdings with client firms in their submissions to the FSA. Financial regulators have criticised the insurers’ practi...
Source : eDaily | 04 Mar 2024...non-life insurers was 1.84% in 2023, according to data analysed by Securities Times. The RoE gap between different companies was large. Shanghai-headquartered AIG China chalked up the highest...
Source : eCin | 01 Mar 2024...German insurance group ERGO says that its new insurance broking joint venture is part of the group's ongoing efforts to enlarge its presence in China....
Source : eDaily | 01 Mar 2024...Japan's largest property-and-casualty insurers said they would sell cross-shareholdings after the government pressured them to abandon the decades-old practice, reported Bloomberg....
Source : eDaily | 01 Mar 2024...More than two-thirds of respondents in Consumer NZ's latest insurance satisfaction survey were concerned about the cost of house insurance, with 8% of homeowners letting their policy lapse due to high costs....
Source : eDaily | 29 Feb 2024