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
Cover-More secures Aon clients and staff in travel cover push
The agreement spans retail accounts.
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
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation