In Focus
Non-life insurers told to upgrade tech to drive growth
It could help the industry ride market trends and mitigate risks.
1 day ago
Insurers expect China’s medical cost to increase 11% in 2025
Asia-Pacific is also slated to rise by 12.3% in 2025.
2 days ago
Top 50 list shows recovery in Hong Kong’s insurance premiums
Only four segments in the top 10, all life insurers, posted growth in 2023.
3 days ago
India's life insurance sector grows 20% YoY in November
The sector's two-year compound annual growth rate (CAGR) stood at 1.8%.
5 days ago
Japan’s insurance sector sees stability amidst premium boom
Premium income has increased over the past two years.
Recession, inflation top business risks for G20 leaders in next 2 years: survey
Other concerns include poverty and inequality and extreme weather events.
Top 50 list shows worsening dip in Singapore’s insurance premiums
The thriving nonlife business offset life insurance’s poor showing in 2023.
South Korea's insurance industry to reach $191.2b in 2029 with 3.4% CAGR
The life insurance and pension segment accounted for 84% of premiums in 2024.
Reinsurers set for strong earnings through 2026
There is a growing appetite for tail-risk protection amidst severe NatCat events.
Philippine’s premiums jump 14% in Q3 2024
It bagged $5.58b during the quarter.
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
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.