In Focus

Insurers expect China’s medical cost to increase 11% in 2025

Insurers expect China’s medical cost to increase 11% in 2025

Asia-Pacific is also slated to rise by 12.3% in 2025.

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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.

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India's life insurance sector grows 20% YoY in November

The sector's two-year compound annual growth rate (CAGR) stood at 1.8%.

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Japan’s insurance sector sees stability amidst premium boom

Premium income has increased over the past two years.

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Recession, inflation top business risks for G20 leaders in next 2 years: survey

Other concerns include poverty and inequality and extreme weather events.

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Top 50 list shows worsening dip in Singapore’s insurance premiums

The thriving nonlife business offset life insurance’s poor showing in 2023.

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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.

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Reinsurers set for strong earnings through 2026

There is a growing appetite for tail-risk protection amidst severe NatCat events.

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Philippine’s premiums jump 14% in Q3 2024

It bagged $5.58b during the quarter.

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South Korean insurers brace for profit squeeze amidst rate cuts

Direct premiums from long-term products contributed to a 3.7% increase in 2023.

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Japanese insurers double down on tech to weather disaster risks

Industry players are relying on data analytics to improve risk management.

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Indonesian insurers told to walk the talk on tech: AXA CEO

The industry must tap digital distribution channels to unlock growth, according to AXA.

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K-pop craze may spur demand for Income Insurance’s hourly travel cover

The Singaporean insurer is targeting spontaneous travellers who love concerts.

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Philippine life insurance sector slated for 5.4% CAGR by 2028

The industry will likely increase by 3% this year.

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Income-Allianz failed merger shows popular opinion is king

The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.

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Property insurance industry to exceed $152b by 2028

China is forecast to lead with 36% in terms of written premiums.

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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.

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