Cathay Life rebounds as capital worries linger
Net income reached $0.5b after a $0.6b loss a year earlier. Cathay Life is on track to meet its 2026 contractual service margin (CSM) target after reporting strong new business…
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Category: News
Asia flood risk rises as 27 storms threaten coasts
Forecasters expect 18 typhoons and 11 intense systems in 2026. Coastal areas across Asia are facing a heightened risk of flooding ahead of what forecasters predict will be the most…
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Income Insurance shareholders gain exit route via AltaX
Phillip Securities will handle share sales under the revived liquidity arrangement. AltaX and Phillip Securities have relaunched the Liquidity Program for Income Insurance shares, offering accredited investors a structured way…
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Taiwan national health insurance fund rises to $7b in 2025
Premium revenues reached NT$861.9b wilst medical benefits totalled NT$832.9b. Taiwan’s National Health Insurance Fund recorded a net reserve fund of $1.5b (NT$45.7b) in 2025 on an accrual basis. Premium revenues…
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3 in 10 Australians nearing retirement fail to plan
Around two-thirds wanted lifetime income and inflation-linked retirement features. A third of Australians approaching retirement have taken no action to prepare for life after work, despite most being actively engaged…
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Insurance capital shifts as 60% of investors expand
Gallagher Securities surveyed more than 60 large institutional investors. Institutional investors are significantly increasing their allocations to insurance-related assets in 2026, creating a substantial and reliable source of non-traditional capacity…
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MS Amlin appoints two executives to leadership team
Kirsten Mitchell-Wallace and Phil Young will report to CEO Christiern Dart. Global insurer and reinsurer MS Amlin has appointed Kirsten Mitchell-Wallace as Chief Risk Officer and Phil Young as Chief…
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SAIC Captive faces early underwriting losses
AM Best expects profitability within five years of launch. AM Best has warned that SAIC Motor Insurance Limited (SAIC Captive) is likely to face underwriting losses in its early years…
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Aon names Dando to lead GBC broking
The appointment takes effect on 1 July with Dando reporting to Helene Madell. Aon plc appointed Steve Dando as Chief Broking Officer for Aon’s Global Broking Centre, the firm’s wholesale…
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Legal liability insurers beat casualty market
The specialist group outperformed commercial casualty in 8 of the past 10 years. Legal professional liability insurers have seen a significant increase in policyholders’ surplus over the last five years,…
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