China’s easing Covid norms to help non-life underwriting performance: AM Best
December 13 2022 by InsuranceAsia News Staff
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LeapFrog Investments taps Indonesia’s reform opportunities with full-stack insurtech
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The insurance-focused investor believes that the winners in South-East Asia’s largest digital economy will be those that can steer away from an asset-light broking model, as it backs insurtech PasarPolis in ramping up its underwriting capability.
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Taiwanese regulator excludes battery risks from EV insurance terms
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Electric vehicle owners will need to get insured via additional provisions for damage caused by battery combustion, according to the Financial Supervisory Commission.
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PICC P&C 2023 net profit drops as nat cats, post-Covid reopening aggravate claims
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China's largest P&C insurer saw net profit for the financial year drop 15.6% and its combined ratio edge up to 97.8%
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Malaysia’s general insurance, takaful funds 2023H2 operating profits up 46%
- March 21
Higher premium growth in the motor segment and continued improvements in risk-based pricing have bolstered the sector's H2 operating profit. But for full year of 2023, operating profits rose by just 3.2% year-on-year.
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