Insurance Asia

Insurance third party administrators market to reach $501.93b by 2028
Major trends include blockchain integration and predictive analytics.
Australian insurers urged to adopt nature-positive practices
In December 2022, over 180 countries adopted the Global Biodiversity Framework.
Quest Insurance to maintain strong capitalisation
However, future loss ratios are expected to rise.
Sumitomo Life strong despite investment pressures: Fitch Ratings
Its underwriting profitability recovered, with core profit margin at 12%.
Beneficial Insurance boasts 36.1% return on equity
Beneficial’s risk-adjusted capitalisation was strongest level as of 31 March.
Philippine state health insurer to offer emergency care package
PhilHealth's healthcare benefits now cover 60% of the most serious diseases.
Ardonagh merges PSC’s ANZ operations with Envest
This makes it one of the top privately owned insurance distribution companies in Australia.
GIC Re maintains strong capitalisation in FY 2024
In FY 2024, the company reported a consolidated ROE of 9.5%.
Philippines’ insurance sector smaller than other financial services
The industry generated total revenues of $8.14b in 2022.
Why Philippine banks, insurers embrace hyper-personalized services
Industry experts push for the rapid progress of unified customer data as a starting point.
Income-Allianz deal off on social concerns, says Singapore
The gov’t found no binding provisions in the deal to safeguard social mission post-acquisition.
China Taiping set to maintain strong market position
The group reported $10.51b in outstanding debt as of June, down from $11.90b last year.
More than a third of consumers warm to AI in insurance claims
Markets like Australia showed the least enthusiasm.

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Exclusives

Exclusives

Insurance Filipino gamers hold promise for FWD
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
Insurance Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
Insurance Zurich partners with Tesla in Australia as it rides EV trend
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Insurance CrowdStrike meltdown may shore up cyber insurance premiums
Insurers are refining their policies after the global tech outage to better manage risks.
Data analysis, key to AIA Indonesia’s success in combatting fraud
Standard operating procedures and trained investigators keep AIA Indonesia in check.
Insurance What risks insurers warn of in evolving motor insurance sector
Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
Insurance How secure are systems now in the insurance industry?
Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.

Top News

Insurance third party administrators market to reach $501.93b by 2028
Major trends include blockchain integration and predictive analytics.
Australian insurers urged to adopt nature-positive practices
In December 2022, over 180 countries adopted the Global Biodiversity Framework.
Quest Insurance to maintain strong capitalisation
However, future loss ratios are expected to rise.
Sumitomo Life strong despite investment pressures: Fitch Ratings
Its underwriting profitability recovered, with core profit margin at 12%.
Beneficial Insurance boasts 36.1% return on equity
Beneficial’s risk-adjusted capitalisation was strongest level as of 31 March.
Philippine state health insurer to offer emergency care package
PhilHealth's healthcare benefits now cover 60% of the most serious diseases.
Ardonagh merges PSC’s ANZ operations with Envest
This makes it one of the top privately owned insurance distribution companies in Australia.
GIC Re maintains strong capitalisation in FY 2024
In FY 2024, the company reported a consolidated ROE of 9.5%.
Philippines’ insurance sector smaller than other financial services
The industry generated total revenues of $8.14b in 2022.
Why Philippine banks, insurers embrace hyper-personalized services
Industry experts push for the rapid progress of unified customer data as a starting point.
Income-Allianz deal off on social concerns, says Singapore
The gov’t found no binding provisions in the deal to safeguard social mission post-acquisition.
China Taiping set to maintain strong market position
The group reported $10.51b in outstanding debt as of June, down from $11.90b last year.
More than a third of consumers warm to AI in insurance claims
Markets like Australia showed the least enthusiasm.

Exclusives

Insurance Filipino gamers hold promise for FWD
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
Insurance Indonesian insurers’ old-school thinking holds back sector
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
Insurance Zurich partners with Tesla in Australia as it rides EV trend
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Insurance CrowdStrike meltdown may shore up cyber insurance premiums
Insurers are refining their policies after the global tech outage to better manage risks.
Data analysis, key to AIA Indonesia’s success in combatting fraud
Standard operating procedures and trained investigators keep AIA Indonesia in check.
Insurance What risks insurers warn of in evolving motor insurance sector
Hong Kong’s push for EVs has insurers dissecting the risks and rewards in the evolving motor industry.
Insurance How secure are systems now in the insurance industry?
Big tech players tackle tech challenges in legacy systems amidst digital vulnerabilities.

Join the Insurance Asia community