In Focus
Why Australian parents say Gen Z least likely to contribute to insurance bills
Why Australian parents say Gen Z least likely to contribute to insurance bills
Only 22% of parents reported that their adult dependants pay their full share.
How much did Singapore’s life insurers pay out in H1 2025?
Investment-linked products made up 43% of new sales in the period.
APAC’s takaful insurance market to grow fastest with 18.4% CAGR by 2032
Globally, the market is projected to bag $126.8b by 2032.
Asia’s reinsurers expand into mature global markets
AM Best’s Asia Reinsurance Composite posted higher net income in 2024.
Over 90% of medical, health insurance and takaful policies saw hikes below 10%
The government has also rolled out the RESET initiative.
Insurers may need to hire remotely to bridge talent gap
There is strong demand for actuaries, while underwriting faces a shortage.
Bangladesh insurance market to reach $16b in 2025
Per capita spending on insurance is projected at $88.22.
APAC insurance analytics market to grow 15.9% through 2027
Globally, the market is projected to grow from $8b in 2019 to $23b.
Indexed life plans rise as Singapore heirs shun family firms
They offer stability and in-depth estate planning solutions.
India’s life insurance market to reach $170b by 2029
It also seen to record $121b gross written premiums this year.
Oona Insurance eyes M&A to boost earnings
Stricter capital rules are pushing weaker players out of the Philippine market.
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
Asia-Pacific insurers expand capacity for sound green projects
APAC contributed about 421.5 GW of new renewable capacity over the past 10 years.
bolttech, Sumitomo Corporation to tackle Asia’s used smartphone market
Reusing old phones, seen at 430 million units by 2027, benefits the environment.
Auto insurers under strain from high-tech repairs
Fixing EVs is expensive, leading many to declare these as a loss.
Global firms eye Hong Kong captives to manage risk
Self-insurance could lower premiums over time and improve liquidity.
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
Commentary
AI isn’t replacing insurance, it’s finally making it work