The year 2024 will see many positive changes in the insurance market, said Vietnam Insurance Association (VIA) deputy secretary-general Ngo Trung Dung, commenting on the industry's expectations and direction in 2024.
Japan's largest property-and-casualty insurers said they would sell cross-shareholdings after the government pressured them to abandon the decades-old practice, reported Bloomberg.
The state-owned insurance holding company, IFG, has announced that it will acquire 70% of the shares of Asuransi Jiwa Inhealth Indonesia (Mandiri Inhealth). The stake is to be acquired through Asuransi Jiwa IFG (IFG Life), raising the group's total holding in Asuransi Jiwa Inhealth to 80%.
The claims settlement ratio of life insurance companies increased by 5.03ppt to 72% in 2023 from 66.97% in...
German insurance group ERGO says that its new insurance broking joint venture is part of the group's ongoing...
Private health insurance provided hospital treatment coverage for 12.09m people as of 31 December 2023, making up 44.9% of Australia's population,...