Tag: Non-Life Insurance

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.

Fitch Rates Asia-Pacific Insurers Stable for 2026 Amid Regulatory Shifts

Fitch Ratings forecasts stable Asia-Pacific insurance performance in 2026, highlighting strong capital buffers, regulatory shifts, and market challenges for life and non-life insurers.

Asia Pacific Non-Life Insurers Project Stability and Innovation Through 2026

Asia Pacific non-life insurers are expected to maintain stable margins and strong solvency in 2026, focusing on innovation, cyber governance, and international expansion while managing evolving capital regulations.

Colombia Life Insurance Drives Market Growth Amid Rising Non-Life Leverage Risks

Colombia's life insurance sector leads market growth with premiums surpassing non-life. Rising leverage in non-life insurance prompts risk concerns, amidst operational gains and investment challenges.