Insurance pricing moderates as rates decline
Pricing of insurance is continuing to moderate as rates decline, according to Marsh's May 2024 report, Asia Insurance Market Pricing:...
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04:13:02 PM
Thu, December 5, 2024
May 312 min read
Risk-adjusted property-catastrophe reinsurance pricing turns moderate at 1 June
Property-catastrophe reinsurance market pricing at 1 June 2024 has moderated, after notable rate increases in 2022 and 2023, observes...
5
May 281 min read
Insurance industry chalks up 45% jump in 1Q net profits
The insurance industry saw its net income soar by 45% to more than PHP14.29bn ($246m) in the first quarter of this year, compared to...
6
May 163 min read
Insurers Face Crisis with Hundreds of Billions in Corporate Tax Increases
This year, insurers are facing a crisis where they may have to pay hundreds of billions of won more in corporate taxes compared to the...
5
May 161 min read
Regulator and general insurers launch database to promote industry developments
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has launched an insurance database system (IBS) in...
11
May 101 min read
More focus expected on profitability in the short term in P&C reinsurance sector - Hanover Re
Over the medium to long term, substantial growth in the property and casualty reinsurance in the APAC region continues to be anticipated,...
11
Apr 121 min read
Non-life sector drives profit growth in 2023
The Insurance Commission (IC) has announced that the net income of the insurance industry, comprising life and non-life insurance...
16
Apr 11 min read
Cebu Province pioneers insurance scheme for govt workers
The Cebu Provincial Board (PB) has approved an ordinance establishing Sugbo Segurado, an accident and life insurance plan for all...
23
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