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This week in insurance: AI hiring jumps, TikTok enters distribution, Manulife launches India JV
This week in insurance: AI hiring jumps, TikTok enters distribution, Manulife launches India JV
Foreign workers in Vietnam working under contracts covered by state social insurance.
TikTok pushes SME insurance into merchant platform
ERGO NEXT offers liability workers compensation and cyber cover through seller onboarding.
How can Philippine insurers close the country’s disaster protection gap?
Insurance penetration remains below regulator targets despite market growth.
This week in insurance: Sri Lanka coverage push after cyclone, India backs maritime pool, insurtech deals
Big Singapore firms also said they have higher exposure to insurance and security-related costs.
Finance sector cements dominance over Philippines ICT market
GlobalData says the sector will hold the top end use position through 2029.
Asia and European insurers lead as US peers lose $226b in market cap
Asian and European insurers captured seven of the top 10 global spots.
Political risk insurance gains as 1 in 4 expect growth
Insurers may face tougher pricing decisions as geopolitical uncertainty persists.
Insurers face 13.8% IT surge as legacy systems drag
Property and casualty carriers are also projected to post a 12.9% rise this year.
How will the Middle East war drive cyber insurance demand?
Geopolitical tensions are spilling into the digital realm.
How can Asia-Pacific reinsurers tackle rising disaster losses?
They still posted steady growth over the past five years.
How can Indonesia’s insurers balance tighter capital rules and rising claims?
Disaster claims may raise premiums, costs, and tighten coverage.
Japan life premiums grow 5.4% CAGR amidst yield volatility
Gross written premiums are projected to reach $334b by 2030 following a 2024 contraction.
How will soaring home prices reshape Singapore’s insurance market?
Private rents may rise by as much as 2%. whilst home prices are seen increasing 2% to 4%.
Zurich-Beazley deal would sharpen specialty edge: GlobalData
Beazley’s expertise in specialist lines could help Zurich expand its technical capabilities.
Can China’s $140b motor insurance market survive a 70% loss ratio?
Loss ratios surged from 57% to 70% in four years as NEV repair costs and parts prices spiked.
Why are floods driving Thailand property insurance growth?
Gross written premiums are expected to rise from $1.7b in 2026 to $2b by 2030.
Malaysia motor insurance premiums hit $3.3b by 2030
Lower borrowing costs are also expected to support vehicle purchases.
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