The insurer posted a fourth-quarter loss of $1.9b despite annual gains. China Life Insurance is expected to post steady business growth, but earnings may stay uneven as investment returns soften.…
Read article →Premium expansion has outpaced the industry average for 3 straight years. Nan Shan General Insurance Co., Ltd. is expected to maintain its balance sheet strength assessment over the medium term,…
Read article →Reinsurance capital hit $760b, increasing competition across the sector. Global commercial insurance premiums are projected to reach about $1.4t, with overall non-life premium growth of around 2% to 3%. Pricing…
Read article →Within services the segment is expected to represent about 0.09% of the total market. The global pet insurance segment is expected to grow beyond $24b by 2030, representing about 0.2%…
Read article →Singapore, Hong Kong, Malaysia, and China now sit under merged underwriting structures. Liberty International Insurance has completed its Asia-Pacific licence consolidation and the simplification of its brand to “Liberty” across…
Read article →Net income is forecast to reach about HK$39.4b in 2026 from HK$36.0b in 2025. PICC Property and Casualty is expected to see slower margin gains in the coming years, as…
Read article →Employment reductions place services near the top of the industry ranking. Financial and insurance services recorded the second-highest retrenchment rate amongst industries in Singapore in the fourth quarter of 2025,…
Read article →The change takes effect on 1 April, with the veteran bringing 35 years of sector experience. Assicurazioni Generali S.p.A. has appointed Krishnamoorthy Rao as managing director and Chief Executive Officer…
Read article →Total premium income reached $179b across life and non-life segments. South Korean insurance companies saw their preliminary net income fall 14.5% year-on-year to $8.19b (KRW12.2172t), data from the Financial Supervisory…
Read article →Regulatory shifts, consumer demands and expansion plans also ranked amongst the top pressures. Ernst & Young (EY) said insurance chief financial officers (CFOs) are focusing on cutting costs, creating value,…
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