Business type

taishin-and-shin-kong-announce-merger-amid-ctbc-takeover-bid

Taiwan's Taishin and Shin Kong announce merger deal amid CTBC takeover bid

August 23 2024

The deal, which still needs to go through approvals, comes two days after rival CTBC tried to steal a march on the pair by announcing a takeover bid of Shin Kong.

ping-an-looking-to-raise-us3-5bn-through-convertible-bond-reports

Ping An reports 15.7% rise in P&C underwriting profit, 11% growth in NBV for 1H 2024

August 23 2024

Chinese insurer shows balanced growth, with strong contributions from both P&C and Life segments.

howden-estimates-insurance-losses-for-crowdstrike-cyber-event-at-up-to-us1bn

Howden estimates up to US$1bn in insurance losses for CrowdStrike global IT outage event

August 23 2024

Insurance losses triple previous record NotPetya event, but segment is still on track to achieve a sub-100% combined ratio in 2024.

Australian insurers look to private debt as risk appetite returns

August 23 2024

Australian insurers are looking to revamp their strategic asset allocation in 2024 as recessions fears abate.

ASIC targets insurance misconduct as complaints soar and climate risks intensify

August 23 2024

The watchdog names insurance misconduct as a priority for the year ahead.

aia-tops-global-mdrt-rankings-for-tenth-consecutive-year

AIA Group reports record VONB for 1H 2024

August 22 2024

Value of new business for the first half reached US$2.46bn, marking a 25% YoY increase and setting a new first-half record for the insurer.

philippine-life-insurance-industry-forecast-to-surpass-us7bn-by-2028-globaldata

Philippine life insurance industry forecasted to surpass US$7bn by 2028: GlobalData

August 22 2024

The data and analytics firm expects demographic trends, favourable regulatory developments, and technology to contribute to growth.

RACQ sale process stalls again amid a lack of buyer interest: Report

August 22 2024

Bank of America reportedly pauses sale of Australian insurer, with Allianz and other potential buyers withdrawing interest.

Taiwan's CTBC makes ambitious move to acquire Shin Kong

August 22 2024

If successful, the deal would make CTBC Taiwan's largest financial conglomerate and a dominant insurance player.

Bajaj Allianz General Insurance, HSBC India enter bancassurance partnership

August 22 2024

Partnership aims to provide comprehensive insurance coverage to HSBC customers.

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