Asia Insurance Review

27/12/2024

Insurer responsiveness to demographic shifts, economic volatility and demand for sustainable investment can help organisations achieve financial resilience and sustainability while also allowing customers to protect their health and wealth, says Singlife’s Ms Helen Shen.

Insurer responsiveness to demographic shifts, economic volatility and demand for sustainable investment can help organisations achieve financial resilience and sustainability while also allowing customers to protect their health and wealth, says Singlife’s Ms Helen

26/12/2024

As 2025 approaches, embedded insurance is set to transform the insurance landscape by integrating coverage options seamlessly into everyday transactions. Discovermarket’s Mr. Patrick Bühler outlines three trends shaping the future of embedded insurance.

As 2025 approaches, embedded insurance is set to transform the insurance landscape by integrating coverage options seamlessly into everyday transactions. discovermarket’s Mr Patrick Bu¨hler outlines three trends shaping the future of embedded insurance.  

24/12/2024

Over the past few years, the reinsurance market in Asia has been witnessing hard market conditions and tighter renewal terms, resulting in discipline and growth in the industry, says GIC Bhutan Re’s Mr Arun Kumar.

Over the past few years, the reinsurance market in Asia has been witnessing hard market conditions and tighter renewal terms, resulting in discipline and growth in the industry, says GIC Bhutan Re’s Mr Arun Kumar.  

23/12/2024

The global industry has yet to experience a breakthrough, but that doesn’t mean there isn’t potential for meaningful transformation. Covergo’s Mr. Adrit Raha says that the insurance industry has long needed change, disruption, and innovation.

The global InsurTech industry has yet to experience a breakthrough, but that doesn’t mean there isn’t potential for meaningful transformation. Covergo’s Mr Adrit Raha says that the insurance industry has long needed change, disruption and

21/12/2024

Welcome Aboard!

We're thrilled to welcome New India Assurance as a sponsor for the 18th India Rendezvous 2025. Your contribution enhances the success of this prestigious event.

19/12/2024

As medical inflation continues, insurers may achieve sustainability through product innovation and healthcare resource allocation optimisation, says Boston Consulting Group’s Ms Yamin Gröninger.

As medical inflation continues, insurers may achieve sustainability through product innovation and healthcare resource allocation optimisation, says Boston Consulting Group’s Ms Yamin Gröninger.  

18/12/2024

Any steps taken by the to limit the business share of life insurance companies from the parent bank channel or bancassurance channel will be misdirected and stifle the growth of the sector,

Any steps taken by the IRDAI to limit the business share of life insurance companies from the parent bank channel or bancassurance channel will be misdirected and stifle the growth of the sector, while not addressing the actual underlying problem of rampant mis-selling, said an Emkay Research

18/12/2024

The Indonesian insurance industry will face great opportunities as well as significant challenges in 2025, a senior official of the Financial Services Authority (OJK) has said.

The Indonesian insurance industry will face great opportunities as well as significant challenges in 2025, a senior official of the Financial Services Authority (OJK) has said.

18/12/2024

The period of benign weather this year has meant insurer profits have increased substantially, especially when compared to the lower-than-average returns in 2023 that were due to the impacts of the Auckland floods and Cyclone Gabrielle,

The period of benign weather this year has meant insurer profits have increased substantially, especially when compared to the lower-than-average returns in 2023 that were due to the impacts of the Auckland floods and Cyclone Gabrielle, says Taylor Fry, an analytics and actuarial consulting firm.

17/12/2024

The government's move to introduce composite insurance licences by amending the Insurance Act is likely to put public-sector insurers at a disadvantage vis-a-vis their private sector counterparts as only the latter will be eligible for these licences under the proposed amendment.

The government's move to introduce composite insurance licences by amending the Insurance Act is likely to put public-sector insurers at a disadvantage vis-a-vis their private sector counterparts as only the latter will be eligible for these licences under the proposed amendment.

17/12/2024

Allianz yesterday - through its wholly owned subsidiary Allianz Europe BV - announced it has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of the shares in Income Insurance.

Allianz yesterday - through its wholly owned subsidiary Allianz Europe BV - announced it has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of the shares in Income Insurance. The announcement followed a report by Bloomberg over the weekend that Allianz was close

17/12/2024

New data analysis by Catholic Health Australia (CHA) reveals corporate health insurers are pricing Australians out of quality private health insurance amidst a cost-of-living crisis.

New data analysis by Catholic Health Australia (CHA) reveals corporate health insurers are pricing Australians out of quality private health insurance amidst a cost-of-living crisis.

16/12/2024

Global reinsurance giant Munich Re, Group, which ranks with Swiss Re as the two biggest insurers in the world, says that it is aiming for an IFRS net profit of EUR6bn ($6.3bn) in 2025, thanks to consistently good operational performance in all business segments.

Global reinsurance giant Munich Re, which ranks with Swiss Re as the two biggest insurers in the world, says that it is aiming for an IFRS net profit of EUR6bn ($6.3bn) in 2025, thanks to consistently good operational performance in all business segments.

16/12/2024

🔥 The Early Bird offer ends in 4 days. Don't miss your chance to be at this premier event - The 18th India Rendezvous 2025.

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16/12/2024

Allianz is close to scrapping a proposed S$2.2bn ($1.63bn) acquisition of a 51% stake in Singapore's Income Insurance following public backlash to the deal, reported Bloomberg over the weekend quoting people with knowledge of the matter.

Allianz is close to scrapping a proposed S$2.2bn ($1.63bn) acquisition of a 51% stake in Singapore's Income Insurance following public backlash to the deal, reported Bloomberg over the weekend quoting people with knowledge of the matter.

16/12/2024

The underwriting profitability of Australia's non-life insurance sector is expected to remain stable as strong premium rate hikes in recent periods work their way through to earnings,...

The underwriting profitability of Australia's non-life insurance sector is expected to remain stable as strong premium rate hikes in recent periods work their way through to earnings, offsetting rising claim costs, says Fitch Ratings.

15/12/2024

Welcome Aboard!

A big welcome to Howden as a sponsor of the 18th India Rendezvous 2025. Your partnership drives us to make this event more influential and inspiring.

14/12/2024

Welcome Aboard!

We’re delighted to have India Insure Risk Management & Insurance Broking Services Private Limited. on board as a sponsor for the 18th India Rendezvous 2025. Your partnership ensures this event reaches new levels of success.