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Non-life
Investment income to remain key contributor to China Taiping HK's bottom line, says AM Best
December 9 2024
AM Best affirms CTPI HK's ratings, adding that, while overall underwriting performance has improved since 2019, its margins are expected to remain 'thin'.
Singapore Re returns to target profitability in FY 2024: AM Best
December 6 2024
Ratings agency affirms ratings, with operating profitability normalising following one-off reserve adjustment in 2023 due to IFRS 17.
Typhoon Yagi, health business weighs on PJICO's underwriting performance: AM Best
December 6 2024
AM Best affirms ratings of state-owned insurer, noting impacts of Yagi and a high health loss ratio on underwriting margins.
Speed VS scale VS security: Cyber underwriters try to tackle 'impossible trilemma'
December 6 2024
Cyber insurers must help businesses balance security with speed and scale, as attacks rise and underwriting scrutiny intensifies.
ASIC finds major shortcomings in Australian insurers’ complaint-handling practices
December 6 2024
Internal Dispute Resolution review highlights failures in identifying complaints, addressing recurring issues, and ensuring timely resolutions.
Asian insurers pivot to private credit and ESG as returns dive
December 6 2024
Insurers pushed to look beyond conventional approaches and tap into alternative investments.
Insurers, insurtechs must lift the lid on AI black boxes, experts warn
December 5 2024
Industry must ensure AI models are transparent, explainable, and justifiable, say panellists.
Natural catastrophe losses in 2024 set to exceed US$135 bn: Swiss Re Institute
December 5 2024
Rising flood losses and escalating impacts of severe weather events highlight urgent need for climate adaptation measures, says SRI.
Praveen Paladugu named Group Head of Agency Distribution at Oona Insurance
December 5 2024
He joins following three years with FWD Indonesia, most recently as Chief of Distribution Strategy.
Philippine Insurance Commission, Privacy Commission sign MOA on data privacy
December 5 2024
New agreement will guide the use of Privacy-Enhancing Technologies in the insurance industry.
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