Tag: non-life insurance

South Korea Adjusts Discount Rate Rules to Ease Non-Life Insurer Solvency Challenges

South Korea's Financial Supervisory Service has eased discount rate regulations to reduce solvency pressures on non-life insurers amid declining interest rates and IFRS 17 accounting challenges.

Nepal Insurance Sector Sees Rs 11.5 Billion Paid-Up Capital Increase in One Year

Life and non-life insurance companies in Nepal increased paid-up capital by Rs 11.56 billion over one year, with life insurers leading growth due to higher regulatory minimums. Non-life insurers experienced moderate growth, highlighting sector compliance and expansion trends.

KH Academy Seminar to Enhance Public Understanding of Non-Life Insurance Laws in Disaster Risk Management

KH Academy hosts a free seminar on non-life insurance laws and disaster risk management to improve legal awareness and insurance literacy in Thailand's public and student communities.

MAPFRE Projects Strong Insurance Sector Growth Amid Stabilizing Global Economy

MAPFRE Economics updates its global insurance outlook with higher growth forecasts for 2025-2026, citing steadier economic conditions and moderated inflation as key factors for sector expansion.

Nepal Non-Life Insurance Sector Sees Nearly 13% Growth; Micro-Insurance Expands Over 40%

Nepal's non-life insurance sector grew 12.93% in early fiscal 2082/83, driven by micro-insurance expansion and increased market penetration across rural and low-income areas.

Singapore Non-Life Insurance Sector Growth Amid Margin Pressures

Singapore's non-life insurance sector grows with foreign and regional business despite margin pressures and catastrophe-related earnings volatility.

Swiss Re Forecasts Slower Global Insurance Growth Due to US Tariffs

Swiss Re's latest sigma study projects slower global insurance premium growth and economic expansion due to increased US tariffs, with the US market most affected.