Tag: Non-Life Insurance

Shinhan Financial's Strategic Acquisition of Lotte Non-Life Insurance

Explore Shinhan Financial's strategic acquisition of Lotte Non-Life Insurance, a pivotal move impacting South Korea's insurance landscape and market dynamics.

Unipol Assicurazioni Receives Excellent Ratings from AM Best

Unipol Assicurazioni has received an Excellent rating from AM Best, reflecting its strong financial position and resilience in the insurance market.

DB Insurance Acquires The Fortegra Group for $1.65 Billion: A Strategic Move

DB Insurance's $1.65 billion acquisition of Fortegra marks a significant milestone in the global specialty insurance market expansion. Learn more about this landmark deal.

Australia's Non-Life Insurance Sector Resilience and Growth in 2025

Explore Australia's non-life insurance industry's growth and resilience, reporting AUD 77.7 billion in revenue. Understand market trends and regulatory impacts for 2025.

Australia's Non-Life Insurance Sector Thrives in 2025

Explore the robust performance of Australia's non-life insurance sector in 2025, highlighting growth factors, profitability, and regulatory trends.

Australia's Resilient Non-Life Insurance Sector in 2025

Explore Australia's non-life insurance sector's robust growth and strategies for 2025 amidst geopolitical uncertainties in the market.

AM Best Affirms Stable Outlook for Malaysia's Non-Life Insurance Sector

AM Best maintains a stable outlook for Malaysia's non-life insurance sector, citing strong operating performance, capitalisation, and market leadership amid economic moderation. The report highlights the need for cybersecurity governance and innovation investments.

Nepal Non-Life Insurers Face Investment Decline Amid Surge in Flood Damage Claims

Nepal's non-life insurers saw a 39.63% rise in claim payments due to floods and landslides, causing a 13.18% drop in investments. Life insurance claims grew 20.63%, affecting overall insurance sector investments.

South Korea Eases Discount Rate Rules to Bolster Non-Life Insurer Solvency

South Korea's Financial Supervisory Service relaxes discount rate regulations easing solvency pressures for non-life insurers under IFRS 17 and K-ICS standards, highlighting asset-liability management importance.

Indian Insurance Premium Growth Surges Over 20% in November Post-GST Cut

Indian insurance industry records over 20% premium growth in November FY26 following GST cut on insurance premiums, boosting life and non-life sectors.