Insurance Asia

Australia’s new reinsurance capital requirements to boost general insurers
Whilst lower reinstatement requirements could reduce reinsurance costs, mandating all-perils coverage may increase them. 
Sri Lanka sets new insurance sales standards for mobile, line operators
Insurers must also disclose customer onboarding requirements.
bolttech secures $50m venture debt from HSBC, expands market
HSBC has been a partner of bolttech since 2019.
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.  
Prudential launches AI lab in Singapore
Employees have submitted over 100 AI use cases since its soft launch in August.
NorthStandard raises premiums by 5% for 2025-2026
By mid-2024, NorthStandard recorded 14 large claims exceeding $1m.
Labuan Reinsurance solvency remains robust
The company’s underwriting performance has shown consistent gains in 2023.
Suncorp Group's outlook challenged from higher risks, costs challenges
Despite this, SGL's prescribed capital amount coverage remains robust.
Dai-ichi Life H1 net income up 27% to $960m in H1 2024
However, premiums declined 6.3% YoY to $6.99b.
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
FM appoints new COO
Hodge joined FM in 1990.
AI and data at the core of Prudential’s tech strategy
 "https://vimeo.com/1030646489"
Cloud, AI, and data are driving Prudential’s tech-led evolution.
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.

Join the Insurance Asia community

Exclusives

Exclusives

Insurance Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Insurance Indonesian insurers told to walk the talk on tech: AXA CEO
The industry must tap digital distribution channels to unlock growth, according to AXA.
Insurance K-pop craze may spur demand for Income Insurance’s hourly travel cover
The Singaporean insurer is targeting spontaneous travellers who love concerts.
Income-Allianz failed merger shows popular opinion is king
The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.
Insurance HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Insurance Etiqa set for growth after being named HDB fire insurer in Singapore
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Insurance Filipino gamers hold promise for FWD
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.

Top News

Australia’s new reinsurance capital requirements to boost general insurers
Whilst lower reinstatement requirements could reduce reinsurance costs, mandating all-perils coverage may increase them. 
Sri Lanka sets new insurance sales standards for mobile, line operators
Insurers must also disclose customer onboarding requirements.
bolttech secures $50m venture debt from HSBC, expands market
HSBC has been a partner of bolttech since 2019.
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.  
Prudential launches AI lab in Singapore
Employees have submitted over 100 AI use cases since its soft launch in August.
NorthStandard raises premiums by 5% for 2025-2026
By mid-2024, NorthStandard recorded 14 large claims exceeding $1m.
Labuan Reinsurance solvency remains robust
The company’s underwriting performance has shown consistent gains in 2023.
Suncorp Group's outlook challenged from higher risks, costs challenges
Despite this, SGL's prescribed capital amount coverage remains robust.
Dai-ichi Life H1 net income up 27% to $960m in H1 2024
However, premiums declined 6.3% YoY to $6.99b.
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
FM appoints new COO
Hodge joined FM in 1990.
AI and data at the core of Prudential’s tech strategy
 "https://vimeo.com/1030646489"
Cloud, AI, and data are driving Prudential’s tech-led evolution.
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.

Exclusives

Insurance Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Insurance Indonesian insurers told to walk the talk on tech: AXA CEO
The industry must tap digital distribution channels to unlock growth, according to AXA.
Insurance K-pop craze may spur demand for Income Insurance’s hourly travel cover
The Singaporean insurer is targeting spontaneous travellers who love concerts.
Income-Allianz failed merger shows popular opinion is king
The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.
Insurance HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Insurance Etiqa set for growth after being named HDB fire insurer in Singapore
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Insurance Filipino gamers hold promise for FWD
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.

Join the Insurance Asia community