Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
Thailand: General insurers expected to enter period of consolidation
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
The number of non-life insurance companies in Thailand is projected to be reduced to about 25-30 from the current number of about 50, according to Bangkok Insurance chairman Chai Sophonpanich...
Article / 4 days ago
Vietnam: Insurance market sees premium growth continue to slow in 1Q2024
Vietnam's total insurance premium revenue in the first quarter of 2024 continued to decrease, falling for the fourth consecutive quarter, according to data from the...
Vietnam's total insurance premium revenue in the first quarter of 2024 continued to decrease, falling for the fourth consecutive quarter, according to data from the...
Article / 8 days ago
Taiwan: Property insurers to maintain profitability despite estimated insurable losses of up to US$8bn
Insurable losses from the 3 April magnitude-7 earthquake that struck Hualien in eastern Taiwan will be between $5bn and $8bn,...
Insurable losses from the 3 April magnitude-7 earthquake that struck Hualien in eastern Taiwan will be between $5bn and $8bn,...
Article / 12 days ago
ZhongAn Onlline marks grand 10th anniversary with bumper profits
Hong Kong-listed ZhongAn Online P&C Insurance, China's first online-only insurer, marked the 10th anniversary of its establishment with a turnaround...
Hong Kong-listed ZhongAn Online P&C Insurance, China's first online-only insurer, marked the 10th anniversary of its establishment with a turnaround...
Article / 22 days ago
Net profits of reinsurance operations of Taiping Insurance Group fell by 23% in 2023
China Taiping Insurance Group's reinsurance business saw net profits fall by more than a fifth (-22.8%) to HK$333.04m ($42.6m) in 2023, according to financial...
China Taiping Insurance Group's reinsurance business saw net profits fall by more than a fifth (-22.8%) to HK$333.04m ($42.6m) in 2023, according to financial...
Article / 22 days ago
Allianz Jingdong's financial performance expected to Improve on tighter risk selection
Guangzhou-registered Allianz Jingdong General Insurance Company's financial performance and earnings are expected to improve gradually, after slowing...
Guangzhou-registered Allianz Jingdong General Insurance Company's financial performance and earnings are expected to improve gradually, after slowing...
Article / 22 days ago
India: Insurance industry pulls in $6.5bn in FDI in last 9 years
The insurance industry in India has received close to INR540bn in foreign direct investments (FDI) in the last nine years....
The insurance industry in India has received close to INR540bn in foreign direct investments (FDI) in the last nine years....
Article / 1 month ago
Singapore: General insurance market chalks up growth of 10.1% in 2023
The General Insurance Association of Singapore (GIA) yesterday announced year-on-year growth for both its domestic and offshore general insurance segments...
The General Insurance Association of Singapore (GIA) yesterday announced year-on-year growth for both its domestic and offshore general insurance segments...
Article / 1 month ago
Hong Kong: General insurance market to grow by CAGR of 6.3% to US$10.9bn by 2028
The Hong Kong general insurance industry is set to grow at a compound annual growth rate (CAGR) of 6.3% from HK$67.0bn ($8.6bn) in 2024 to...
The Hong Kong general insurance industry is set to grow at a compound annual growth rate (CAGR) of 6.3% from HK$67.0bn ($8.6bn) in 2024 to...
Article / 1 month ago
Indonesia: Insurance industry sees sedate 3% increase in premiums in 2023
The insurance industry in Indonesia chalked up total premium income of IDR320.88tn ($20.50bn) in 2023, an increase...
The insurance industry in Indonesia chalked up total premium income of IDR320.88tn ($20.50bn) in 2023, an increase...
Article / 2 months ago