Browsing: non-life insurance

Fitch reports China’s life insurance growth slowed in business transformation phase, while non-life insurance grew due to policy support

Taiwan’s non-life insurance market saw a 10.5% growth in gross written premiums in 2024, driven by stricter underwriting guidelines and improved profitability.

GIAJ chairman Hiroaki Shirota outlines initiatives to enhance non-life insurance industry operations, including restoring trust, improving business quality, and strengthening compliance.

Comprehensive analysis of Germany’s life and non-life insurance market, including current trends, growth projections, and key players.

The Philippine non-life insurance sector demonstrated robust performance in the first quarter of 2025, recovering from the downturn experienced in 2024, according to the Insurance Commission (IC).

Cambodia’s insurance industry grew 6% in 1Q2025, driven by non-life business, with total gross premiums reaching $102.3m

The Cambodian insurance industry recorded a 6% growth in total gross premiums to $102.3m in the first quarter of 2025, driven primarily by the non-life business segment.

The Philippine insurance industry reported significant year-on-year growth in total assets, net worth, and income in Q1 2025, driven by both life and non-life segments.

Domestic non-life insurance companies face significant losses in Q1 due to wildfires and heavy snow, sparking concerns about climate change impacts on financial performance

Shinkong Insurance Company is expected to maintain strong profits due to solid underwriting results and consistent investment income, according to AM Best.