In Focus

Great Eastern bridges sustainability and insurance through portfolio integration

The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue.

Great Eastern bridges sustainability and insurance through portfolio integration

The Singaporean insurer emphasised the role that sustainability compliance plays amongst insurers even as green investments face a supply-demand issue.

Ciputra Life goes beyond its captive market by addressing customer pain points

Its customer-centric approach results in 60% non-captive customers

Qoala on a tech-driven mission to insure more Malaysians

Its online platform promotes financial literacy and strategic partnerships, aligned with the government’s insurance agenda.

Life insurance sector in Malaysia to exceed $15.9b by 2027 – GlobalData

For 2023, life insurance in Malaysia is forecasted to grow 2.4%.

About six of 10 financial leaders expect revenue to jump 10% in three years

64% of consumers trust established banks for insurance purchases.

Global M&A landslides in H1 2023, APAC falls 9%

Insurer M&A downfall will not stay long, the firm said.

InsurTech funding down 34% in Q2: Gallagher Re

Seven APAC markets were included in the report, which received an estimated $359m in funding.

Tune Protect leads the way in cloud-powered insurance services

Tune Protect’s Prasanta Roy tackles digitalisation and overcoming regulatory challenges for efficient, scalable, and secure services at 2023 Insurance Asia Forum.

Philippine non-life insurance outlook turns sour: AM Best

The negative outlook was attributed to the heightened negative pressure on the balance sheet and operating performance of counterparts.

Less than half of global losses due to calamities insured

There were indications of a shift toward an El Niño-like pattern in Asia.

FWD Insurance Indonesia provides customer-friendly flagship product

Through innovative approaches, this insurance company achieved a net premium of  IDR1.88t (US$124.7m) in 2022.

Non-life insurance premiums in India up 14.8% in June

The sector is expected to grow by 13% to 15%.

Zurich Malaysia aims for positive sustainable impact with refreshed ESG framework

Insurer’s 2023-2025 framework hopes to foster  sustainability.

Philippines’ general insurance sector to grow 11.6% in premiums: GlobalData

This is equivalent to P211.5b ($3.7b) gross written premiums.

Profitability of Japanese non-life insurance to recover in 2024

It is anticipated that Japanese non-life insurance groups will uphold robust capital adequacy. 

Hong Kong life insurance market to improve in two years: S&P

The life segment is predicted to jump by 20% o 25% in 2023.