Insurance
Marsh says P&I clubs remain cautious despite strong capital buffers
Marsh says P&I clubs remain cautious despite strong capital buffers
The outlook for the 2026 renewal season remains uncertain.
Aon reports $114b in insured losses from 2025 disasters
Total economic losses stood at a minimum of $203b in the first 9 months.
Dah Sing Insurance strengthens position with improved capital base
DSI's business plan suggests continued growth via new initiatives, said AM Best.
Great Eastern bets on AI, specialised products in strategy revamp
It plans to expand its products for high-net-worth people and SME owners.
This week in insurance: Aussies misjudge EV costs, India tightens fraud rules, AIA flags retirement gap
Singlife also launched an AI tool whilst Marsh plans rebrand.
PNB MetLife launches pension fund with Policybazaar partnership
The fund is priced at $0.11 (₹10) per unit.
Japan Post Insurance outlook steady as profitability shows gradual lift
Moody's said Japan Post Insurance is stable thanks to conservatism.
Transactional risk insurance claims rise in India as M&A deals grow
Insurers have so far paid out about $1m, with other claims still being processed.
Global natural catastrophe losses keep insurers within budgets this year
In Asia, monsoon flooding and localised storm losses were main events of the year.
APAC’s guaranteed auto protection insurance market slated for 13.2% CAGR
Globally, the market is expected to grow from $3.2b in 2021 to $8b by 2031.
Willis reports mining insurance market softens as capacity rises
The influx of capacity has intensified competition amongst insurers.
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.
Health insurance industry to rise 6.4% annually until 2031
Individual health insurance remains the largest segment globally.
AM Best clarifies capital credit rules under IFRS 17 framework
The agency also said net written premiums are replaced by net insurance service revenue.
WTW data shows insurers expect health costs to keep rising
Over half expect elevated levels to persist for more than three years.
India’s non-life insurers rebound as premiums rise 13.2% in September
The recovery was supported by higher renewals in core segments such as motor.
7 in 10 Hong Kong seniors are financially underprepared, AIA says
Nearly 60% have no clear savings plan.
Commentary
AI isn’t replacing insurance, it’s finally making it work