Insurance Asia

Global reinsurers must have a watchful eye: AM Best
Reinsurers must navigate a high inflationary environment.
China’s non-life outlook solid, thanks to motor segment: AM Best
China’s electric vehicle insurance has gained traction, driving motor insurance demand.
MS Amlin’s S’pore political risk team grows, treaty gets new hires
Nicole Tan has been promoted whilst Jinnan Tang and Sam Lim are new members of the team.
Aon bolsters Asian Transaction Solution team
Shunsuke Takechi will take on the role of associate director.
Singlife boosts digital capabilities through partnership
Its collaboration with Qlik aims to elevate customer service and deliver better digital financial services.
Nippon Life acquired a nursing care group: Report
The acquisition is worth $1.43b.
Foreign insurance brokers enter China market: Report
These are the first foreign-funded companies approved in the sector since 2018.
Global insurtech investments impress Q3 expectations: Gallagher Re
P&C insurtech investment mainly pushed the quarter’s growth.
APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey
The region’s 2023 prediction is smaller than the global average of 10.7%
Taikang Insurance buys majority stake in ESR Warehouse Fund worth $288m
This marks ESR’s latest funding tie-up with a mainland insurer.
Transamerica Life Bermuda reveals new COO
Brian Chui will spearhead operations, which include new business, underwriting, customer service, and claims.
Japan’s public insurance to include treatment for obesity: Report
Despite concerns, Novo Nordisk claims Wegovy reduces the risk of major adverse cardiovascular events by 20%.
Malaysia’s general insurance industry climbs 7.3% YoY in 1H23
Underwriting profit saw a huge drop of 37.8% mainly due to motor and fire lines.
Philippines’ pension system joins forces with JICA
The partnership aims to enhance the protection of public properties and assets against disasters.
Tugu Reasuransi Indonesia to remain ‘stable’: Fitch Ratings
Tugure maintains a resilient capital position, exceeding the 120% regulatory requirement.

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Exclusives

Exclusives

Insurance Swiss Re: Asia’s insurance players target health industry in 2024
In Singapore, shifting focus to health underscores the need for insurance players to close the protection gap that has remained unchanged in the last 5 years.
Insurance Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
Insurance Why emerging markets in the region are most vulnerable to insurance risks
Analysts have named five risks the insurance sector in Asia will have to navigate in the coming months.
Insurance Etiqa shares how its small beginnings can create a name in the insurance industry
Customer centricity, modern capabilities, and humanising the insurance offerings can make a difference, says the CEO.
Insurance 2-speed system emerges in Asia-Pacific insurance markets
Analysts said that investments have been significantly beneficial to insurers, most especially in Singapore and China.
Insurance Pearlyn Phau believes in Singaporeans being the boss of their own financial freedom
Singlife’s group CEO touched on Singapore’s complex insurance market as well as its pain points as a society in the digital age.
Insurance Capital pressures linger as insurers adopt new accounting rule in South Korea
IFRS 17 adoption is seen to improve insight into margins and reserves, increase motivation for long-term profitability, and better global comparability for insurers.

Top News

Global reinsurers must have a watchful eye: AM Best
Reinsurers must navigate a high inflationary environment.
China’s non-life outlook solid, thanks to motor segment: AM Best
China’s electric vehicle insurance has gained traction, driving motor insurance demand.
MS Amlin’s S’pore political risk team grows, treaty gets new hires
Nicole Tan has been promoted whilst Jinnan Tang and Sam Lim are new members of the team.
Aon bolsters Asian Transaction Solution team
Shunsuke Takechi will take on the role of associate director.
Singlife boosts digital capabilities through partnership
Its collaboration with Qlik aims to elevate customer service and deliver better digital financial services.
Nippon Life acquired a nursing care group: Report
The acquisition is worth $1.43b.
Foreign insurance brokers enter China market: Report
These are the first foreign-funded companies approved in the sector since 2018.
Global insurtech investments impress Q3 expectations: Gallagher Re
P&C insurtech investment mainly pushed the quarter’s growth.
APAC’s healthcare spending to surge 9.9% in 2023 – WTW Survey
The region’s 2023 prediction is smaller than the global average of 10.7%
Taikang Insurance buys majority stake in ESR Warehouse Fund worth $288m
This marks ESR’s latest funding tie-up with a mainland insurer.
Transamerica Life Bermuda reveals new COO
Brian Chui will spearhead operations, which include new business, underwriting, customer service, and claims.
Japan’s public insurance to include treatment for obesity: Report
Despite concerns, Novo Nordisk claims Wegovy reduces the risk of major adverse cardiovascular events by 20%.
Malaysia’s general insurance industry climbs 7.3% YoY in 1H23
Underwriting profit saw a huge drop of 37.8% mainly due to motor and fire lines.
Philippines’ pension system joins forces with JICA
The partnership aims to enhance the protection of public properties and assets against disasters.
Tugu Reasuransi Indonesia to remain ‘stable’: Fitch Ratings
Tugure maintains a resilient capital position, exceeding the 120% regulatory requirement.

Exclusives

Insurance Swiss Re: Asia’s insurance players target health industry in 2024
In Singapore, shifting focus to health underscores the need for insurance players to close the protection gap that has remained unchanged in the last 5 years.
Insurance Manulife Singapore targets rapidly growing high-net-worth market
New data suggests young beats old in appetite for investments.
Insurance Why emerging markets in the region are most vulnerable to insurance risks
Analysts have named five risks the insurance sector in Asia will have to navigate in the coming months.
Insurance Etiqa shares how its small beginnings can create a name in the insurance industry
Customer centricity, modern capabilities, and humanising the insurance offerings can make a difference, says the CEO.
Insurance 2-speed system emerges in Asia-Pacific insurance markets
Analysts said that investments have been significantly beneficial to insurers, most especially in Singapore and China.
Insurance Pearlyn Phau believes in Singaporeans being the boss of their own financial freedom
Singlife’s group CEO touched on Singapore’s complex insurance market as well as its pain points as a society in the digital age.
Insurance Capital pressures linger as insurers adopt new accounting rule in South Korea
IFRS 17 adoption is seen to improve insight into margins and reserves, increase motivation for long-term profitability, and better global comparability for insurers.

Join the Insurance Asia community