The total net income of the Philippine insurance industry grew to PHP15.30bn (276.6m) for the first three months of this year, 7.1% higher than the PHP14.29bn chalked up for 1Q2024, according to a statement released by the Insurance Commission.
Ageing societies are commanding the attention of chief risk officers (CROs) in the Asia-Pacific, according to EY Asia-Pacific Consulting insurance sector leader, Mr Chng Tze Ping,
Chinese insurance intermediary Shouhui Group has cleared its listing hearing with the Hong Kong Stock Exchange (HKEX), moving a step closer to its mainboard initial public offering. The company, backed by Huatai International and CICC as joint sponsors, is best known for operating under the brand Xiaoyusan (literally 'Little Umbrella').
These are the highlights for all events and updates across the industry this week.
Generali has announced its first quarter 2025 financial results, reporting strong growth in operating result in all business segments.
Listed GCC insurers saw overall earnings decline in 1Q2025, with net profits slipping by 1.4% to $628m from $637m in 1Q2024, according to a report by research and consulting firm Insurance Monitor and Lux Actuaries and Consultants.
Dubai Insurance Company (DIN), among the top five insurers in the UAE in terms of insurance revenue and net profit, has a track record of strong operating performance supported by robust underwriting results and steady investment income, says AM Best.
Manulife Insurance Bhd has unveiled Manulife Health Saver Enrich (MHSE), a comprehensive new medical plan tailored to support Malaysians throughout their entire healthcare journey - from prevention and treatment to recovery and beyond.
The Council of Australian Life Insurers (CALI) welcomes the appointment of Dr Daniel Mulino assistant treasurer and minister for financial services.
To address the country's rapidly declining birthrate Japan's health ministry is all set to eliminate out-of-pocket payments associated with child delivery. This measure may come into effect from April 2026.