In Focus

Hong Kong general insurance market to hit $10.9b by 2029

Hong Kong general insurance market to hit $10.9b by 2029

Personal accident and health insurance is expected to remain the largest segment.

In Focus

Asia-Pacific insurers expand capacity for sound green projects

APAC contributed about 421.5 GW of new renewable capacity over the past 10 years.

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bolttech, Sumitomo Corporation to tackle Asia’s used smartphone market

Reusing old phones, seen at 430 million units by 2027, benefits the environment.

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Auto insurers under strain from high-tech repairs

Fixing EVs is expensive, leading many to declare these as a loss.

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Global firms eye Hong Kong captives to manage risk

Self-insurance could lower premiums over time and improve liquidity.

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Mitsui Sumitomo Insurance targets Chinese nationals in Thailand

The Chinese accounted for 53% of foreign students in Thai universities last year.

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Revised solvency rules could spur new wave of Malaysian insurance M&As

Insurers must provide capital for increased risk from floods, among other charges.

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South Korea’s motor insurance grows 2.4% in 2025 with rate hikes

Motor insurance remains the largest segment in the general insurance industry.

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Foreign reinsurers raise India market share to 49% in FY 2024

According to GlobalData, this share is expected to surpass 50% in 2025.

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How did the Philippines’ insurance market perform in Q1 2025?

The commission expects this momentum to continue through the year.

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Vietnam general insurance market to grow 7% annually through 2029

The sector is expected to grow 5.9% year-on-year this 2025.

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FWD Singapore, IPP eye Gen Zers amidst wealth influx

Assets are being passed down through families from one generation to the next.

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Indonesia’s PA&H slated for 13.4% CAGR through 2029

Growth in 2025 alone is estimated at 14.2%.

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What will drive the reinsurance sector to bag $68b in four years?

In 2023, APAC accounted for 13.3% of global reinsurance premiums.

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Clearer cyber risk benchmarks for Australian SMEs pushed

The financial fallout from a single cyber event can be devastating.

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What will drive Japan’s insurance sector to surpass $470b by 2029?

Premium increases in life and general insurance will boost the industry this year.

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Where is cyber insurance growing fastest across regions?

Asia/Oceania are expected to expand their market shares to 8% by 2027.

In Focus