Insurance

Australian superannauation fund fined $15.34m for delays

The penalty exceeds United Super's reported revenue in the 2024 financial year.

Dai-ichi Life retains stable outlook despite higher risky asset holdings

Asset quality is expected to gradually improve, Moody's said.

What will drive the APAC life insurance market to bag $2t in five years?

India and China are major drivers of the sector’s growth.

Allianz Malaysia logs 9M 2025 profit growth on rising insurance revenue

Both general and life insurance segments saw higher revenue in Q3.

Howden names Alaric Lee as chief commercial officer for Asia

Lee joins from Marsh, where he was most recently a managing director.

Manulife names Bonnie Qiu as global high net worth CEO

Rishi Srivastava also joins Manulife Asia’s senior leadership team.

China's non-life insurance sector should remain stable: AM Best

Insurers continue to face weak domestic demand, the agency said.

Samsung Life Insurance names Lee Seung-Ho as its new company president

He previously led the digital division at Samsung Securities.

Tokio Marine Holdings set to expand specialty offerings in US agriculture sector

The deal is expected to close in the first quarter of 2026, pending regulatory approvals.

2 in 5 Indians with disabilities lack health insurance

Despite government intervention, many persons with disability are still left out of proper coverage.

Guaranteed asset protection insurance guaranteed to reach $12b by 2033

Demand continues to rise as vehicle accidents increase and more consumers finance new and used cars. 

Why Indian companies increase use of insurance after cyber threats rise

Indian companies reported heavy financial losses tied to key insurable risks.

Nonghyup P&C maintains capital well above regulatory minimums despite pressure

AM Best said it expects it to keep its capital levels well above regulatory minimums.

China Re maintains strong capital position over short to medium term

AM Best highlighted that China Re’s investment mix has stayed largely stable.

Sompo Holdings sees better fire and casualty margins improving outlook

Morningstar now expects Sompo’s net profit to reach about ¥520b in fiscal 2026.