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Thursday, August 27, 2026
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HK long-term new business spikes in 2023, topping 2019 for first time
April 25 2024
2023 a noteworthy year as Hong Kong life industry surpasses 2019 new business premiums, with HSBC Life topping charts for second year running.
Insurtech OneDegree sees 59% GWP increase in 2023
April 22 2024
Hong Kong virtual insurer exceeds HK$180m (US$22.97m) in GWP in 2023.
Malaysia's GI GWP rises 7.8% in 2023, but underwriting profit drops 26%: PIAM
April 2 2024
Growth in Malaysia's GI premiums are overshadowed by motor and fire profitability challenges.
Peak Re sees record US$200m net profit in 2023
April 1 2024
HK-headquartered reinsurer records significant turnaround from US$261m loss in 2022, according to unaudited figures from its parent company's annual results.
Indonesian insurtech PasarPolis reports 250% GWP increase for 2023
April 1 2024
Founder says insurtech is aiming aims to fully underwrite its products alongside 50% CAGR growth over the next four years.
Deferred acquisition costs under IFRS 17 see Korean insurers' profits soar 45.5%
March 27 2024
Industry sees 6% fall in overall premium income, but life insurers' net profits rise 37.6% and non-life's soar 50.9%, in first year under IFRS 17.
HDI Global delivers 10% revenue growth in 2023, with strong contributions from Singapore and Australia
March 26 2024
Strategic business expansions in Singapore and Australia help to global revenue growth and COR improvement, with Oz GWP now topping US$1bn.
Ping An reports 23% profit decline in 2023
March 22 2024
Life & health business sees 3.2% reduction in operating profits, despite surge in NBV, while P&C operating profits decline 11.4%.
Malaysia's insurance and takaful sector see H2 2023 profit dip amid rising claims
March 21 2024
BNM report shows surge in medical claims hit profits in 2H, but growth in new business premiums, GI, and investment income.
Hong Kong rebound fuels Prudential's 45% rise in new business profit
March 20 2024
Prudential 2023 financials reveal strong rebound, driven by Hong Kong's market and strategic Asia and Africa expansion.
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