Insurance

36% of Singaporeans opt for extra coverage beyond work insurance

However, 90% of Singaporeans already own medical insurance.

7 in 10 Hong Kong families lack financial planning

Hang Seng unveiled a wealth management plan to combat this.

Hong Leong’s underwriting profitability to continue

Its shift toward fixed-income securities is expected to reduce volatility.

APAC insurers stable despite LA wildfires, says Fitch

Japanese non-life insurers operating in the US are expected to manage their losses.

Asia sees rate reductions, Japan maintains firm pricing: Aon

Underwriting remains disciplined across Asia, particularly in Japan. 

60% of Singaporeans overlook sustainability in finance

Only a fifth of respondents are aware of investment products linked to sustainability.

Manulife Asia announces leadership overhaul

Phil Witherington will assume the role of President and CEO of Manulife on 9 May.

Taiwan insurers' earnings leap to $10.3b in December

The life insurance segment made up 92.4% of the total profits.

KB Insurance earnings up 9.1% to $6b in FY 2024

Thanks to higher revenues, which increased 3.8% YoY.

Insurance investors to boost allocations abroad this year

Majority of insurers concerned about demographic shifts and AI.

Allianz, IAG eye RAC insurance acquisition

The insurer has engaged Barrenjoey to conduct a strategic review of the business.