Editor's choice – (Re)in Asia

Editor’s choice

Thai Re reports 92% 1H net profit increase for 2024

August 12 2024

Thai reinsurer sees improvements in both personal and commercial lines, while net investment income surged.

lic-ceo-confirms-insurer-looking-to-enter-health-insurance-sector-via-acquisition

LIC CEO confirms interest in entering health insurance sector via acquisition

August 12 2024

MD & CEO Siddhartha Mohanty says LIC India seeks to acquire a standalone firm for its foray into health insurance “rather than set up a vertical.”

chinas-insurers-see-33-1-surge-in-claims-in-first-half-of-2024

China's insurers see 33.1% surge in claims costs in first half of 2024

August 12 2024

Key figures from the regulator reveal a notable rise in assets, but a rise in claims and benefits paid amid a series of floods this year.

Reinsurers minimising severe convective storm losses despite increasing threats: S&P

August 12 2024

Insured losses from global natural catastrophes in 2023 reached over US$100bn for the fourth consecutive year.

japan-p-and-i-club-reports-lowest-level-of-claims-in-five-years

Japan P&I Club reports lowest level of claims in five years

August 9 2024

Claims fell in 2023 but a challenging global macro and geopolitical outlook means the association raised member premiums in 2024.

India's Zuno General Insurance rolls out usage-based insurance option for motor policies

August 8 2024

Insurtech uses telematics to introduce India's first usage-based car insurance option.

Hiscox terminates DirectAsia sale to Ignite Thailand

August 8 2024

The London-listed specialty insurance company revealed that it is now “exploring other options.”

dual-launches-warranty-and-indemnity-insurance-in-australia-and-new-zealand

DUAL launches Warranty and Indemnity offering in Australia and New Zealand

August 8 2024

Jordan Schwarz, Head of M&A for the MGA, will lead the new line of business from Sydney.

hong-kong-insurers-prepare-for-traditional-chinese-medicine-inclusion-in-health-insurance-scheme

Hong Kong considers expanding health insurance scheme to cover inpatient Traditional Chinese Medicine services

August 8 2024

Authorities are looking to expand the voluntary health insurance scheme, but a lack of TCM data means insurers may need to look to the mainland for guidance.

Fitch: Korean insurers foreign commercial real estate losses ‘tolerable’

August 7 2024

Korea’s insurers have felt the pinch from the global CRE downturn but strong capital levels mean that any pain should be manageable by the sector.

MAS defends Allianz-Income Insurance deal

August 7 2024

MAS plays down concerns about deal's impact on competition and insurance affordability in Singapore.

China, Japan life insurers top Asia Pacific list for capital raising in 1H 2024

August 6 2024

Asia-Pacific insurers raised over US$10 in 1H 2024, with East Asian life insurers dominating the top spots.

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