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.
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.
Indonesia: Senior regulatory official outlines opportunities and ...
Dec 18, 2024 · The Indonesian insurance industry will face great opportunities as well as significant challenges in 2025, a senior official of the Financial Services Authority (OJK) has said.
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Malaysia: Costs of medical infrastructure, technology and training ...
Dec 18, 2024 · As Malaysia aims to become a leading destination for medical tourism, the costs of infrastructure, technology and training continue to drive up healthcare costs, according to a report released by WTW, a leading global advisory, broking and solutions company.
Malaysia: BNM releases policy document on product transparency …
Dec 4, 2024 · The central bank, Bank Negara Malaysia, yesterday released a policy document specifying the minimum requirements for enhanced consistency and comprehensive transparency aimed at improving information disclosure of financial products offered by financial service providers (FSPs), including insurance companies and takaful operators.
Reinsurance: Life insurance seen as a good diversification channel
Nov 25, 2024 · India: Private-sector insurers may beat government-run rivals in race to clinch composite licences Pakistan: Insurance tribunal reinforces obligation of insurer to policyholder Taiwan: Financial regulator lowers risk co-efficient for insurers' investments in public infrastructure via local venture capital firms more »
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.
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Nov 28, 2023 · Australia: One fourth of Australians risk 'junk health covers' by choosing hospital insurance China: Plans to encourage deploying insurance funds into stock markets Pakistan: Khyber Pakhtunkhwa mulls establishing its own insurance company Global: Mental health issues lead to 12bn missed workdays annually Singapore: …
India: Insurers to recalibrate health insurance premiums on higher ...
Dec 12, 2024 · Medical inflation in India is projected to hover around 10% to 15% in 2025, according to a report released by WTW, a leading global advisory, broking and solutions company.