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Fitch said most insurers built capital buffers through earnings and hybrid debt. Major players such as Nippon Life, Dai-ichi Life, and Tokio Marine are expected to continue acquiring foreign insurers…
Read article →Underlying earnings per share stood at C$1.9 in the quarter. Sun Life’s underlying net income in the first quarter (Q1 2026) marginally increased by 0.48% on a year-on-year (YoY) basis…
Read article →Insurance penetration remains below regulator targets despite market growth. The Philippines’ general insurance market is projected to grow 9.2% annually to $3.9b by 2030 as natural disasters drive demand, even…
Read article →Zurich General Insurance and Zurich General Takaful Malaysia were separately fined in January. Zurich Malaysia said it acknowledges sanctions issued by the central bank related to its 2022 screening process.…
Read article →The insurer ranked third amongst new business single premiums. FWD Insurance reported that new business first year premium (FYP) increased by 59% year-on-year (YoY) whilst new business annual premium equivalent…
Read article →Igloo CEO says outdated infrastructure limits AI gains despite rising spending. Southeast Asian general insurers could lose up to four percentage points in profitability if they deploy artificial intelligence (AI)…
Read article →ReadyAssist will provide 24/7 roadside assistance to over 19,000 pin codes. Navi General Insurance, the insurance arm of India-based financial services provider Navi, has announced three partners for its “Cashless…
Read article →Only 5% of respondents rated regional compliance capabilities as weak. Insurers across the Asia-Pacific region remain divided over how to manage regulatory compliance, with smaller firms focused on reporting demands,…
Read article →Automobile insurance held 50.38% of the market in 2025. Japan’s property and casualty insurance market is expected to grow from $71.75b in 2026 to $80.09b by 2031, representing a compound…
Read article →Coverage and rewards now shift with daily activity sleep and nutrition tracking. Aditya Birla Health Insurance Co. Ltd. (ABHICL) has launched Activ Yuva, a health insurance plan for young Indians…
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