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3 days ago · China 08 Nov 2024. Gallagher Re outlines tailwinds and headwinds faced by non-life insurers. Late-Sep stock market surge fuels increase in combined net profits of life insurers by 10x in 3rd quarter of 2024. Top 3 P&C insurers command over 80% of combined net profits of non-life sector in Jan-Sep 2024. Big Three non-life insurers increase ...
Breaking Insurance Industry News - Asia Insurance Review
Pakistan: Insurance market growth slowed by challenges The Pakistani insurance industry posted total gross premium written of PKR631bn ($2.27bn) in 2023, reflecting 14% growth compared to PKR553bn in 2022, according to the Securities and Exchange...
Asia Insurance Review > AIR
SEADRIF Insurance supports Laos after typhoon Yagi floods. The SEADRIF Insurance Company has made a payout of $750,000 following the passage of typhoon Yagi which devastated eight provinces in Lao PDR, including Vientiane, Phongsaly, Luangnamtha, Oudomxay, Bokeo, Luangprabang, Xiengkhuang and Xayabouri. Ahmad Zaki | 03 Oct 2024.
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About Asia Insurance Review. Asia Insurance Review was launched in January 1991 to meet the information needs of insurance practitioners in Asia in particular and the rest of the world in general. It quickly became the premier and comprehensive professional regional magazine, read by all the key decision makers and readers in the insurance ...
Dah Sing Insurance: A new brand for a new chapter - Asia …
Dah Sing Insurance: A new brand for a new chapter. Leung Wai-Sum Terence, Chief Executive Officer of Dah Sing Insurance Company Limited. After 40 years in the industry, Hong Kong-based Dah Sing Insurance Company (1976) Limited has officially been renamed itself as Dah Sing Insurance Company Limited (“DSI”) The name change came into effect ...
China Merchants Group to integrate general insurance business in …
By AIR team | 30 Sep 2022. Hong Kong M&A Property & Casualty. CMB Wing Lung Insurance has entered into a business transfer agreement with China Merchants Insurance (CM Insurance), under which the latter agreed to transfer its general insurance business to the former, China Merchants Bank (CMB) says in a stock exchange filing.
Table of Contents - Asia Insurance Review
Table of Contents. Korean reinsurers face new challenges under IFRS17 and K-ICS. Building confidence in Asian markets through reinsurance. Demographic shifts create challenges for life and health. View from India - India is a growing global reinsurance hub. Balancing reinsurance growth, risk and sustainability.
Singapore: United Overseas Insurance turns in impressive …
Jun 17, 2022 · United Overseas Insurance turns in impressive underwriting performance. The operating performance of United Overseas Insurance (UOI) is very strong, as evidenced by the insurer's five-year average combined ratio of 44.7% and …
News - Asia Insurance Review
MAS chairman outlines how Singapore will help reinsurance industry navigate four main transitions. Amid the growth in demand for reinsurance, driven by four major transitions - climate, energy, digital, and demographic - Singapore will reinforce its status as Asia's leading reinsurance hub through several approaches, according to Singapore ...
Asia Capital Re in run-off - acquired by Bermuda legacy reinsurer
ACR chairman Hsieh Fu Hua. Singapore Asia Global Reinsurance M&A. Bermuda-based Catalina has reached an in-principle agreement to acquire Singapore-headquartered reinsurer Asia Capital Re (ACR). The acquisition is expected to close in the first half of 2020, subject to regulatory and all other approvals.