Insurance
Catastrophe losses strain reinsurers as 6-year $100b streak persists
Catastrophe losses strain reinsurers as 6-year $100b streak persists
Contract structures kept higher attachment points though some exclusions tightened.
South Korea insurers see profits sink 15.2% in 9M 2025
Net income slid to $7.90b despite gains from asset sales and revaluations.
Malaysia insurers must confront catastrophe risk spike for 2026 report
Over one-third of respondent identified extreme weather events as their top risk.
Great Eastern debuts Singapore first physical gold ILP fund
It becomes the first local provider to embed physical gold bars into insurance policies.
Bharti AXA Life pushes locked annuity rates amidst retirement anxiety
Customers can fix current pricing now for income that runs for life.
Allianz Indonesia shifts portfolio control to AllianzGI Indonesia
Management authority moves across insurance and syariah units covering PAYDI funds.
India non-life could rise up to 11% as regulator rewrites access
Insurance for All by 2047 backs faster product clearance and wider agent tie-ups.
South Korean insurers’ capital reaches $200b in Q3 2025
Net earnings were $2.3b and other comprehensive income increased $4.9b over the quarter.
Japan motor cover buckles as 60% loss ratio erodes margins: Gallagher Re
Motor lines account for around 47% of gross written premiums, amplifying the 2024 deterioration.
Hong Kong marine insurance faces talent and coordination gaps
Specialist training tech change and cross-service alignment flagged as critical priorities.
Ping An keeps China top insurance brand for 10th year
Brand Finance Global 500 2026 put the group at 32nd worldwide on Jan 21.
Insurtech funding doubles to $16b but deals shrink
Investment value jumped in 2025 even as transactions dropped to 166.
Mobile phone insurance tops $70b as telcos tighten grip on sales
Operator channels are projected to control $23.3b of premiums by 2029 through bundled handset plans.
Hong Leong Insurance seen to expand commercial lines
Capital is expected to continue to be supported by underwriting profits and investment income.
Malaysian committee pushes transparency as healthcare financing flaws persist
Its mandate includes finding root causes and building practical fixes across the insurance and takaful system.
South Korea eases retrocession paperwork as reinsurers lose direct consent
Primary insurers can now obtain policyholder approval on reinsurers’ behalf.
AI surge strains insurers as 35% demand auditable compliant outputs
Governance pressure shows up with 40% calling for clear frameworks in solution use.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness