Insurance

Ping An growth faces volatility risk despite 10% profit rise

Ping An growth faces volatility risk despite 10% profit rise

Operating profit increased in 2025 as underwriting improved and asset management losses narrowed.
29 minutes ago

PICC growth weakens as P&C recovery lags life gains

Life and health now contribute over 60% of premiums, supported by strong demand.
59 minutes ago

Pet insurance market on the road to $27b market value by 2032

APAC accounted for 11% of the global market in 2024.
1 hour ago

Philippine insurers trapped by price tariffs as disaster risks escalate

Non-life combined ratios surged to 95.4% as operational costs and disaster risks mount.
1 hour ago

Japan insurers to maintain strong solvency under new regime, report says

Fitch Ratings considers J-ICS conservative for Japan.
1 day ago

China Pacific Insurance growth faces slowdown risk despite 2026 earnings gains

Morningstar forecasts net income at $8.16b in 2026.
1 day ago

Markel opens Perth office to expand Western Australia presence

The company also appointed two Perth-based senior underwriters.
1 day ago

Tune Protect Malaysia partners with Akur8 to enhance insurance pricing

Akur8’s platform enhances pricing processes through machine-learning technology.
1 day ago

Aon appoints Winnie Loh as SEA real estate, data centre leader

Loh has more than 20 years of experience in the insurance industry.
1 day ago

Insurance gaps expose business travellers to $150,000 risks

Zurich said 53% faced incidents abroad with medical cases driving most assistance claims.
1 day ago

Insurtech investors drop to lowest since 2017 as funding tightens

Seven firms from the 2025 raised a combined $298m after October showing selective funding.
1 day ago

Singapore insurance remote share drops 7.5 points as hiring cools

Job postings across all sectors remain 12.0%, below year-earlier levels.
1 day ago

AI can cut insurer costs 20% but adoption lags across sector

Firms using the technology can also lift premiums by around 3% to 5%.
1 day ago

GIFT City insurance market jumps 11-fold in 5 years

Premium volume rose from $102m in 2020 to more than $1.2b by 2025.
2 days ago

Allianz Singapore offers up to $46,800 in scam protection

Two tier structure allows multiple shopping related claims under higher coverage level.
2 days ago

How 1 April renewals pushed Japan cat rates down 16%

Howden Re said another year of low catastrophe losses helped drive the decline.
2 days ago