In Focus
Foreign reinsurers raise India market share to 49% in FY 2024
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.
FWD Singapore, IPP eye Gen Zers amidst wealth influx
Assets are being passed down through families from one generation to the next.
Indonesia’s PA&H slated for 13.4% CAGR through 2029
Growth in 2025 alone is estimated at 14.2%.
What will drive the reinsurance sector to bag $68b in four years?
In 2023, APAC accounted for 13.3% of global reinsurance premiums.
Clearer cyber risk benchmarks for Australian SMEs pushed
The financial fallout from a single cyber event can be devastating.
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.
Where is cyber insurance growing fastest across regions?
Asia/Oceania are expected to expand their market shares to 8% by 2027.
Singlife Financial Advisers CEO to stick to growth roadmap
The market is ever changing, and SFA would adjust its strategy and pivot when needed.
Korea’s new capital rules reduce insurers' capital burden
Under the revision, capital adequacy benchmark will be lowered to 130% to 140%.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
Bajaj Allianz launches exclusive insurance for women
The plan covers critical illnesses, maternal and reproductive health, and wellness.
Indians face higher premiums on spiralling healthcare costs
Hospital expenses keep rising due to inflation and demand for sophisticated treatments.
Singapore moms juggle family tasks and money matters
Their finances have improved relative to when their mothers were their age.
Prudential, StanChart cement 25 years of bancassurance tie-up
They have the longest-running bancassurance partnership in Singapore and Asia.
Pru Life UK’s Manila headquarters embraces hybrid work
The office has recreational and wellness areas to help employees recharge.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness