AM Best's population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023, a five-year high, driven ...
Korean Reinsurance will likely maintain largely stable underwriting performance over the next two years, says S&P Global Ratings. It expects the reinsurer's combined ...
The integration of ESG criteria in the Asian insurance sector is not just a trend but a strategic imperative. It aligns insurers with global sustainability goals, helps manage risks better, and ...
Based on findings from the Milliman research report: Asia Microinsurance Supply-side Study 2020. For the purpose of this study, microinsurance is broadly defined as "risk pooling products that are ...
AXA has announced that Mr Jean-Louis Laurent Josi, CEO of AXA Asia and a Member of the Group Management Committee, has decided to step down from his executive responsibilities. He will remain with the ...
As the world slowly but steadily moves towards EVs as the primary mode of transportation, insurers must keep up with the nuances of EV risk, monitoring the entire supply chain and tailoring products ...
Australian Reinsurance Pool Corporation (ARPC) was established to administer the Terrorism Reinsurance Pool following the 9/11 terrorist attacks in the US which resulted in the widespread withdrawal ...
The energy sector is preparing for a new surge of offshore wind development to meet global demand for green energy to meet their climate change commitments. As the sector expands, operators are ...
Wearables help policyholders to keep healthy and bring down their insurance premiums. They also help insurers make their risk pools healthier and bring down health insurance claims ratios as well.
In 2022, Asia not only saw the highest percentage increase year-on-year in M&A deals, but it was also the only region that did not experience a dip in the second half, something other markets did.
South Africa-based financial services group Sanlam has completed its acquisition of a 49% stake in Malaysian short-term insurer Pacific & Orient Insurance (POI) for a total consideration of MYR270 ...
China Re] has reported a net profit of CNY2,411m ($337m) for the first nine months of 2024. The company's insurance income ...