Asean Pulse Report shows soaring inflation and parts costs are leading insurers to tighten terms and raise premiums.
Insurers are embracing tech-based mental health solutions, but bigger barriers remain.
Booming economy, rate increases, and regulatory advancements lead to upgrade, despite ongoing concerns around underwriting margins.
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.
The MoneyHero Group subsidiary launches new travel policies underwritten by HL Assurance and distributed through SingSaver.
ZhongAn's innovative approach and diversified insurance services see ratings affirmed despite 2022 loss.
There is growing demand and a greater emphasis on insurance products for mental health in Asia, but it is unclear if society — and the industry — is ready to confront the issue and eliminate stigma.
India's burgeoning middle class emerges as most willing to pay for cyber across emerging Asian markets, with mental health also a rising concern.
AM Best credits KB Insurance Co.'s improved underwriting profitability and robust operational performance as key factors behind reaffirming its A (Excellent) Financial Strength and "a" Long-Term Issuer Credit Rating.
Diverse underwriting portfolio and strong balance sheet lead to ratings affirmation for Hong Kong-based insurer.