Growth in health, agriculture, and resurgence in motor underpin AM Best's 'stable' outlook for China's non-life sector, but market faces drop in underwriting profit and slowing economy.
Nippon Life is set to acquire 99.6% shares of the holding company of leading nursing care business Nichiigakkan for US$1.41 billion, as it seeks to diversify due to Japan's ageing demographic.
Addressing global insurance leaders at the Geneva Association Summit 50, Antonio Huertas stressed the importance of embracing AI responsibly, improving cyber resilience, and an insurance-led approach to...
In an interview with the FT, Satoru Komiya committed to facing the increasing threat of climate change in order to act as a 'shock absorber for society.'
South Korean car insurance premiums are set to decrease by 3% as part of President Yoon Suk Yeol's economic initiative to support SMEs and low-income individuals.
Partnership aims to strengthen the Philippines' defence against annual US$3.5bn nat cat losses through improved through improved insurance and risk management practices.