In Focus
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
4 days ago
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Indonesian insurers told to walk the talk on tech: AXA CEO
The industry must tap digital distribution channels to unlock growth, according to AXA.
K-pop craze may spur demand for Income Insurance’s hourly travel cover
The Singaporean insurer is targeting spontaneous travellers who love concerts.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Income-Allianz failed merger shows popular opinion is king
The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
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.
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.
Indian health insurance sector slated for 12.8% CAGR by 2028
The industry is also forecast to grow by 15% in 2024.
What opportunities does APAC's millionaires offer insurers?
China is home to 6 million millionaires, second only to the US.
Increased losses from disasters push Philippines’ general insurance premiums up
The industry is slated to grow by 14% this year.
Why are APAC retirees struggling with unexpected costs?
Over a fifth of respondents had not anticipated their retirement expenses.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
What will drive the Thai general insurance market to reach $10.9b by 2028?
Motor, the largest segment, is expected a boost from EV registrations.
How did marine insurance premiums fare in 2023?
Europe and Asia showed strong development in the cargo insurance market.
Thought Leadership Centre
Most Read
1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
