In Focus
Insurers may need to hire remotely to bridge talent gap
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.
Revised solvency rules could spur new wave of Malaysian insurance M&As
Insurers must provide capital for increased risk from floods, among other charges.
South Korea’s motor insurance grows 2.4% in 2025 with rate hikes
Motor insurance remains the largest segment in the general insurance industry.
Foreign reinsurers raise India market share to 49% in FY 2024
According to GlobalData, this share is expected to surpass 50% in 2025.
How did the Philippines’ insurance market perform in Q1 2025?
The commission expects this momentum to continue through the year.
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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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
