Insurance
Critical illness insurance market to hit $295b by 2032
Critical illness insurance market to hit $295b by 2032
The region is likely to see significant expansion, driven by population growth.
Airline insurance market to stay soft in early 2025: WTW
Excess capacity drove rates downward throughout the year despite efforts to tame this.
Digit Insurance launches AQI-based policy for Delhi workers
Claims are triggered if the Air Quality Index surpasses 400 more than twice.
Markel appoints new marine hull and war lead in Singapore
He joins the company after nearly two decades with MS First Capital Insurance.
What challenges Asian women's financial readiness?
Healthcare costs are a significant barrier to financial security.
How financially prepared are Gen Alpha parents in Hong Kong?
Only 33% have concrete financial plans, whilst 18% have not started planning at all.
Pension assets hit $58.5t, up 4.9% in 2024
Australia eyes second-largest pension market spot by 2030.
Travel insurance woes rise amongst New Zealanders amidst global tensions
Prompting 73% of individuals to take out insurance.
Asei battles weak underwriting, high reserves in 2024: Fitch Ratings
Underwriting performance deteriorated, with combined ratio surging to 187% in ‘24.
Thai insurers tighten underwriting for flood-prone areas
Political uncertainty is also limiting near-term growth.
Great Eastern reduces stake in Boost Holdings
This was a result of an increase in BHSB's issued and paid-up share capital.
Cyber insurance expansion challenged by exposure limits
Industry insiders cited risk assessment as the biggest concern.
InsuranceDekho boosts agent network by 92% in 2024
It also aims to expand its footprint to six lakh villages.
Tokio Marine & Nichido Fire underwriting profits to improve amidst rate hikes
Fitch expects premium rate increases to continue driving better underwriting results.
Great Eastern’s FY 2024 earnings surge 30% YoY
EPS was at S$2.10.
6 in 10 Australians willing to spend more on protection against disasters
RAA CEO warned extreme events are driving up insurance costs.
APRA withdraws cloud outsourcing paper
It will be replaced with a new standard which introduces formal supervisory oversight.
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1. HDI Global Japan eyes commercial insurance growth as cyber-risk threats evolve 2. Howden’s Shweta Swaroop pushes pay data transparency in insurance 3. FWD reshuffles leadership as CFO successor named 4. Turning points: How a career choice shaped Singlife’s Chin Wei Lin 5. How will the Middle East war drive cyber insurance demand?Resource Center
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
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