Insurance
Insurance fraud detection market to hit $31.8b by 2032
Insurance fraud detection market to hit $31.8b by 2032
APAC demand for fraud detection tech surges.
ICA to consult on motor vehicle insurance code update
The initial draft was supposed to be released within this year.
AIA maintains strong capital position in 2024: Fitch
Thanks to a coverage ratio of 262% under the local capital summation method.
Insurers alert to higher cyclone, flood risks in Australia
The threat of tropical cyclones remains high in northern Australia.
Japan’s insurance sector sees stability amidst premium boom
Premium income has increased over the past two years.
Japan slated for 1.74% CAGR through 2028
The market also benefits from the integration of IT and analytic solutions.
AllianzGI gets greenlight to buy 2% Guomin Pension stake
It will subscribe to approximately 228 million newly issued shares.
Taiwanese insurers boost capital ahead of 2026
Major life insurers have either received equity capital injections or issued bonds.
Oil and gas drive Malaysia’s non-life insurance demand
Malaysia’s insurance sector operates under a developed regulatory framework.
Nippon Life eyes $8.2b Resolution Life buyout
If finalised, the deal would be the largest overseas acquisition by a Japanese insurer.
Australia’s general insurance sector to see profitable 2025 ahead
For FY 2024, gross earned premium grew by 11%.
China sets 5-year plan for property insurance
It includes attracting int’l financial institutions to invest in China's property insurance market.
Insurance may serve only the rich by 2040
The Economist Impact and SAS study identified four scenarios for the industry's future.
Miller names new APAC head of power
McGonagle joins with over a decade of experience in the sector.
Insurance regulation in Sri Lanka 'developing with limited transparency': Fitch Ratings
The country has one of the lowest insurance penetration rates in Asia.
Singapore Re sees positive shift in underwriting
Thanks to favourable claims experience and business growth.
Singlife Connect 3.0 launched to build 'Beyond Insurance' ecosystem
It seeks to create integrated solutions in health, lifestyle, and financial literacy amongst others.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
