Steady flows of higher-margin protection business feed the largest in-force contractual service margin among Korean life insurers, underpinning stable insurance profit.
Falling premiums reflect surplus capital rather than lower exposure, PARIMA speakers said, as geopolitical, AI, climate and labour risks combine and compound.
The electric two-wheeler manufacturer is seeking to expand its revenue streams by leveraging its existing customer base to distribute insurance products under a composite corporate agent licence.
Malaysia’s RHB says talks on selling its insurance arm have made “meaningful progress”, but the parties still need to finalise the transaction terms and documents.
Gains on a relatively high allocation to Indian equities carried the year’s earnings, though the same holdings expose the reinsurer’s balance sheet to market risk.
Panellists at PARIMA’s Singapore conference said captives are drawing more interest as fewer risks suit standard cover, but setting one up is hard without the actuaries, claims experts and insurers to...
The insurer is pursuing acquisitions through Singlife as it seeks to build scale across Southeast Asia, with Thailand, Malaysia and the Philippines also identified as potential growth markets.
