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Asia Insurance Review, Magazine January 2025. Asian. Australians prefer to protect cars over themselves. Australians are now almost three times more likely to insure their car instead of their biggest asset – themselves and their earning potential – with new research revealing a deepening national crisis in access to affordable financial...
Breaking Insurance Industry News - Asia Insurance Review
Asia Insurance Review is the source for Breaking news about Insurance Industry. Find the latest articles, Insurance Conferences, videos, photos and blogs about Asia Insurance Industry
Indonesia: Life insurers to continue to be challenged by several …
Dec 17, 2024 · The Indonesian Life Insurance Association (AAJI) has said that there are four challenges faced by the sector which are predicted to persist into 2025.
Singapore: Allianz withdraws pre-conditional offer for Income …
Dec 17, 2024 · Allianz yesterday - through its wholly owned subsidiary Allianz Europe BV - announced it has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of the shares in Income Insurance. The announcement followed a report by Bloomberg over the weekend that Allianz was close
World's Top Two reinsurers announce profit target for 2025
Dec 16, 2024 · Global reinsurance giant Munich Re, which ranks with Swiss Re as the two biggest insurers in the world, says that it is aiming for an IFRS net profit of EUR6bn ($6.3bn) in 2025, thanks to consistently good operational performance in all business segments.
28th Asia Insurance Industry Awards 2024
For over six decades, Nan Shan Life has steadfastly upheld its promise of sustainable protection for its policyholders and the society. It upheld its corporate mission of ‘Nan Shan as the source of excellent insurance and the backer of good health’ and adapted to social changes with two core transformations: ‘service empowerment’ and ‘digital empowerment’.
5 major life insurers' combined monthly premium income shows …
Dec 20, 2024 · China's five major 'A'-share listed life insurance companies saw a year-on-year increase of 0.48% in premium income in the single month of November 2024, after two consecutive months of negative year-on-year growth.
Insurers urged to expand domestic trade credit insurance
Dec 20, 2024 · Seven government agencies have released joint guidance on trade credit insurance to promote the "insurance + credit + financing" model in domestic and international trade.
Four risks trends shaping the industry
Dec 10, 2024 · As risks continue to evolve, risk experts around the world have to reassess the importance of existing and emerging risks constantly. We spoke to Aon's Mr Joe Peiser on what risk trends the industries in APAC have been seeing, and how Aon is adjusting to those trends.
Managing Japanese Hail Risk - Asia Insurance Review
Introduction. Recent hail events over the last 3 years (2022-2024) have revealed the potential of Japanese hailstorms to generate substantial losses (Table 1).