AM Best's population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023, a five-year high, driven ...

The integration of ESG criteria in the Asian insurance sector is not just a trend but a strategic imperative. It aligns insurers with global sustainability goals, helps manage risks better, and ...

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Starr International Insurance (Asia) Limited (Starr International Insurance Asia) has recently received authorisation by the Office of the Insurance Commissioner in Hong Kong to provide several ...

As the world slowly but steadily moves towards EVs as the primary mode of transportation, insurers must keep up with the nuances of EV risk, monitoring the entire supply chain and tailoring products ...

South Africa-based financial services group Sanlam has completed its acquisition of a 49% stake in Malaysian short-term insurer Pacific & Orient Insurance (POI) for a total consideration of MYR270 ...

In 2022, Asia not only saw the highest percentage increase year-on-year in M&A deals, but it was also the only region that did not experience a dip in the second half, something other markets did.

AXA has announced that Mr Jean-Louis Laurent Josi, CEO of AXA Asia and a Member of the Group Management Committee, has decided to step down from his executive responsibilities. He will remain with the ...

Singapore’s general insurance market is set to grow at an average annual rate of 5.8% over the next five years, with premiums ...

Large losses, such as increased frequency and severity of extreme weather, could increase underwriting volatility at China Re Group, according to S&P Global Ratings (S&P).

Composite insurance rates in Asia declined by 4% in the third quarter of 2024, following a dip of 3% in 2Q and 2% in 1Q2024, according to the "Global Insurance Market Index" published by the world's ...

The establishment of two new insurance entities with globally-known foreign investors have been approved by the National Financial Regulatory Administration (NFRA).