In Focus
Recession, inflation top business risks for G20 leaders in next 2 years: survey
Recession, inflation top business risks for G20 leaders in next 2 years: survey
Other concerns include poverty and inequality and extreme weather events.
Top 50 list shows worsening dip in Singapore’s insurance premiums
The thriving nonlife business offset life insurance’s poor showing in 2023.
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.
Reinsurers set for strong earnings through 2026
There is a growing appetite for tail-risk protection amidst severe NatCat events.
Philippine’s premiums jump 14% in Q3 2024
It bagged $5.58b during the quarter.
South Korean insurers brace for profit squeeze amidst rate cuts
Direct premiums from long-term products contributed to a 3.7% increase in 2023.
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Indonesian insurers told to walk the talk on tech: AXA CEO
The industry must tap digital distribution channels to unlock growth, according to AXA.
K-pop craze may spur demand for Income Insurance’s hourly travel cover
The Singaporean insurer is targeting spontaneous travellers who love concerts.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Income-Allianz failed merger shows popular opinion is king
The deal faced backlash from Singaporeans who thought it betrayed Income’s social mission.
Property insurance industry to exceed $152b by 2028
China is forecast to lead with 36% in terms of written premiums.
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.
Etiqa set for growth after being named HDB fire insurer in Singapore
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Indian health insurance sector slated for 12.8% CAGR by 2028
The industry is also forecast to grow by 15% in 2024.
What opportunities does APAC's millionaires offer insurers?
China is home to 6 million millionaires, second only to the US.
Increased losses from disasters push Philippines’ general insurance premiums up
The industry is slated to grow by 14% this year.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Remote job demand in Singapore insurance rises 15.3%Resource Center
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AI isn’t replacing insurance, it’s finally making it work