In Focus
Great Eastern bets on AI, specialised products in strategy revamp
Great Eastern bets on AI, specialised products in strategy revamp
It plans to expand its products for high-net-worth people and SME owners.
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.
Insurers strengthen cyber governance as oversight shifts to CEOs
About 40% said CEO compensation is now tied to cybersecurity performance.
What will keep Indonesian non-life insurers’ outlook remain steady?
Commercial insurance demand is also seen to rise.
Why Indonesia’s new rules may drive up insurance mergers
Insurers with credit insurance operations face higher capital requirements.
Sompo tests methane insurance as regulations tighten
Satellite monitoring and inspections help firms detect leaks and avoid fines.
Cambodia’s insurance market lifts sum insured to $9.07b in July
Gross premiums dropped by 4.42%.
Sri Lanka’s insurance industry posts 54.6% GWP growth over five years
GWP for the first quarter up 10.6% year-on-year to $0.3b.
How did Indonesia’s life insurance market perform in the first half of 2025?
The number of people insured rose 8.8% to 123.7 million.
How cyber claims in Asia were all tied to ransomware in 2025
In the first half of 2025, Allianz received about 300 cyber claims.
Taiwan’s insurance industry reports profit of $1.4b at July 2025
But overseas investments generated additional net losses of $3.4b.
How long-term care costs rose 4% annually from 2018 to today: Singlife
Dementia cases alone are projected to hit 152,000 by 2030.
How India’s two-wheeler insurance claims rose 15% in 2024
EV-related claims are 18% to 20% more frequent than petrol bike.
Hong Kong-listed Chinese insurers draw record Southbound inflows
Monthly net Southbound inflows into insurers reached $1.8b in July.
How Japan's non-life insurers record $12.4b net income in fiscal 2024
As of 30 April, 57 general insurance companies were operating in Japan.
Why reinsurers post second-highest returns in 2024
Net premiums written grew 5.7% in 2024.
Asia-Pacific insured only 5% to 7% of hazard losses
Additionally, more than half of the countries had less than 5% of losses.