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WEBAsia Pacific: Region maintains 28% share of global marine insurance premiums Japan: Life insurance product trends change on higher interest rates Bangladesh: Insurance market to see changes amid state reforms Japan: Howden enters retail insurance broking and captive consulting sectors Australia/New Zealand: WTW forms unit to shape insurance plans for tech companies
Breaking Insurance Industry News - Asia Insurance Review
WEBChina 20 Sep 2024. Life insurance sales in August bolstered by lowered assumed interest-rate caps. 5 top listed insurance groups receive boost to premiums in Aug from life insurance interest rate cuts. Outlook on China's non-life insurance market viewed as 'Stable'. New trend sees insurance agents become financial planners.
Latest Insurance Industry Conferences - Asia Insurance Review
WEB3rd International Insurance Summit & Türkiye Rendezvous and XVI International Istanbul Insurance Conference. 1-2 Oct 2024, Sheraton Grand Istanbul Atasehir, Istanbul, Türkiye. Theme: "Narrowing the Protection Gap: Turkiye’s Journey to Resilience and Sustainability".
Philippines: HMO sector turns profitable - Asia Insurance Review
WEBAug 21, 2024 · Philippines: Cebu Province pioneers insurance scheme for govt workers. Philippines Life & Health. Healthcare benefits paid out by health maintenance organisations (HMOs) to its members amounted to PHP30.33bn ($536m) in the first half of 2024, which is a 15.65% increase from healthcare benefits paid …
Indonesia faces surge in health insurance claims - Asia Insurance …
WEBAug 21, 2024 · India: Health-focussed InsurTech raises US$500,000 of pre-seed funds. Japan: Biggest non-life insurers hit by data breach involving up to 3m customers. Health insurance claims are on the rise in Indonesia, jumping by 29.6% to IDR5.96tn ($386m) in the first quarter of this year, according to the Indonesian Life Insurance Association (AAJI).
Asia Insurance Industry Awards 2024 finalists revealed
WEBBy AIR team | 13 Aug 2024. Asia InsurTech Property & Casualty Reinsurance Life & Health Brokers Asia Insurance Industry Awards. The finalists for the 28th Asia Insurance Industry Awards have been revealed, with 47 of the region's top insurers, reinsurers, brokers, risk managers and service providers making the shortlist. The awards are well ...
Indonesia: MAIPARK's improved financial performance earns it a …
WEBJul 23, 2024 · Indonesia: Tugure focuses on improving underwriting gains. Indonesia Reinsurance. The profitability of Reasuransi MAIPARK Indonesia (MAIPARK) has improved, reflected in an increase in return on equity (ROE) to 10% in 2023, from 7% in 2022, on higher investment income, Fitch Ratings has pointed out.
India: Loss-making state-owned general insurer aims to generate …
WEBAug 19, 2024 · Government-owned general insurer National Insurance Company (NIC) is aiming to return to profit in the current fiscal year ending 31 March 2025 (FY2025), after incurring losses for nearly a decade, one of the company's directors said.
Singapore: Life insurance market sees nearly 27% jump in new …
WEBAug 14, 2024 · Singapore Life & Health Financial Performance. Singapore's life insurance industry achieved a total of S$2.77bn ($2.12bn) in weighted new business premiums for 1H2024, an increase of 26.6% compared to the corresponding period a year ago, announced the Life Insurance Association, Singapore (LIA Singapore).
Philippines: Investment income supports Malayan Insurance's …
WEBAug 13, 2024 · The operating performance of Malayan Insurance, one of the top three non-life insurers in the Philippines in terms of GWP and net income, is viewed as adequate, said AM Best.
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