L&H

Seven insurers among 15 institutions in Korea's first joint climate stress test

March 27 2024

The Bank of Korea and Financial Supervisory Service will conduct stress test, with findings used to steer country's low-carbon transition.

Fitch maintains ratings for Etiqa entities amid net profit turnaround

March 27 2024

Group's financial performance rebounds to a profit in 1H 2023 thanks to a substantial increase in net invesment income.

korean-insurers-profits-soar-45-5-in-first-year-under-ifrs-17

Deferred acquisition costs under IFRS 17 see Korean insurers' profits soar 45.5%

March 27 2024

Industry sees 6% fall in overall premium income, but life insurers' net profits rise 37.6% and non-life's soar 50.9%, in first year under IFRS 17.

hong-kong-life-insurance-sector-begins-recovery

Agent channel continues to gain momentum despite Hong Kong life insurance dip in 2023

March 27 2024

New business premiums shrank 1.8%, but agent sales continue to gain traction amid year-long downturn in bancassurance and broker channels.

Fitch Upgrades Singapore Life's ratings post Sumitomo Life Acquisition

March 26 2024

IFS rating upgraded to A+ following Sumitomo Life acquisition and change in financial reinsurance arrangement.

Fitch: Pressure on Chinese insurers' investment returns amid market volatility

March 26 2024

Despite market challenges, potential move towards riskier assets remains limited, thanks to stringent C-ROSS capital framework.

APAC’s fac market poised for further growth

March 26 2024

Rising rates and increased retentions continue to drive demand for better risk management solutions.

kidi-to-support-development-of-risk-assessment-database-in-vietnam

KIDI to support development of risk assessment insurance database in Vietnam

March 25 2024

Korea Insurance Development Institute enhances partnership with VIDI, to help strengthen Vietnam's insurance capabilities.

sompo-international-sets-sights-on-singapore-and-asia-exansion

Sompo International sets sights on Singapore and Asia expansion - report

March 25 2024

Sompo International sets sights on expansion in Singapore and Asia, undeterred by Japan's interest rate policy shift.

Insurance Council of New Zealand enhances complaints transparency

March 25 2024

ICNZ collaborates with dispute resolution services to break down complaints data by member.

Indian regulator announces major regulatory overhaul

March 25 2024

IRDAI consolidates 34 regulations into six and adds two — including for country's upcoming digital marketplace, Bima Sugam.

MixCare Health targets regional expansion with wellness offerings

March 25 2024

MixCare is set to expand its preventive wellness platform across Southeast Asia, aiming to help insurers fill gaps in the region's underpenetrated market.

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