In Focus

S.Korea insurance industry to see 4.7% jump in GWP in 2027

This is due to a regulatory proposal to deregulate digital insurance innovations.
1 day ago

S.Korea insurance industry to see 4.7% jump in GWP in 2027

This is due to a regulatory proposal to deregulate digital insurance innovations.
1 day ago

India's first-year premiums drop 16.8% YoY in February

CareEdge Ratings attribute the decrease to the YoY decline in group premiums.

Demand for risk insurance in Asia 'steady' in 2023: Marsh

This is due to the expansion of the Asian market’s capacity for warranty and indemnity insurance

APAC outperforms as global insurance M&A hit 10-year high in 2022

A slowdown in M&A deals in H2 offset some regions' performance.

Natural hazard losses, inflation weigh on APAC reinsurers in 2023

Increase in costs of claims will add pressurers to profits.

Singapore's new insurance premiums fall 5.2% in 2022

Rising interest rates and inflation dented demand for life insurance products.

What key skills insurers are hunting for in new hires

Jobs in digital transformation, data management, and data analytics will remain competitive.

APAC insured losses reach $11b in 2022: Aon

Australian flooding events were the costliest for insurers with $4b in insured losses.

Life insurers take the lead in Hong Kong Business Insurance Rankings

Some life insurers saw their assets surge by as much as 44% in 2021.

Why India will become the 6th biggest insurance market by 2032

Total insurance premiums is growing by 14% annually.

Singapore insurers to profit over shift to digital initiatives: GlobalData

The market share of the top five insurers grew by 3.2 percentage points in 2021.

GIA’s system detects fraud overlooked by insurers

The Fraud Management System uses data analytics and AI that analyse suspicious claims. 

The triple threat for marine insurance

These threats are causing the industry $9.53b worth of losses.

Higher insurance claims lead to underwriting pressure for APAC reinsurers

S&P said APAC reinsurers showed slower growth and subdued underwriting margins.

Agencies, bancassurance takes largest slice for life insurance distribution in China

They account for 60.1% and 30% of the share in new business DWP in 2021.