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.
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...
Despite a 10% decrease in capital and surplus, DSI maintains very strong risk-adjusted capitalisation and plans to diversify its underwriting portfolio, while reducing offshore reinsurance.
In its 22-23 report, the Australian Prudential Regulation Authority summarised work it undertook to enhance sector resilience and improve policyholder outcomes, while acknowledging escalating challenges...
GWP forecast to hit SG$7.35bn (US$5.5bn) by 2028 thanks to increasing demand and new regulations, but growth slowdown anticipated due to economic and geopolitical challenges.
Against the backdrop of devasting natural catastrophes, China's State Council is seeking to reduce the country's protection gap with expansion of insurance products in small towns, rural areas, and for...
Aon predicts APAC employers to see 9.7% rise in medical plan costs in 2024, driven by factors including return to pre-pandemic health care levels, high-cost treatments, chronic diseases, and global economic...
The recently designated 'domestic systematically important insurer', had its stand-alone credit profile upgraded following its reduced use of leverage.
