Insurance
Tokio Marine completes $615m purchase of Ignyte’s auto business
Tokio Marine completes $615m purchase of Ignyte’s auto business
Tokio Marine expects growth in the collector vehicle segment in the US.
Taiwan insurers bag $4b in September 2025
Life insurers saw their profit contract.
Vietnam Social Security enforces late payment fines at 0.03% daily
Within the first 10 days of each month, VSS will send written reminders to employers.
WTW expects busy renewals as aviation rates diverge in Q4
They also forecast single-digit percentage increases in rates.
What will drive Singapore’s general insurance market to bag $6.5 by 2030?
PA&H market alone is projected to make up a fourth of the sector’s total premiums.
Insurers confront privacy risks in AI fraud fight
As AI transforms fraud detection, insurers face ethics and data protection challenges.
Forrester forecasts 15% growth in cyber insurance amidst AI risks
Insurers are advised to offer tools for risk mitigation and new underwriting models.
Income Insurance partners Beecroft to launch cashless pet surgeries
Co-insurance and deductibles will still apply based on each customer’s policy terms.
AIA Group sees growth upgrade after upbeat third-quarter results
The revision reflects stronger sales in China and Malaysia.
FWD Group's new business sales climb 37% on regional growth in 9M 2025
FWD launched more than 40 new products in 2025.
Ping An set for solid growth through 2026 on strong NBV: Morningstar
This is backed by a 46% jump in NBV growth and stable agent headcount.
Why 1 in 5 think AI will replace human insurance agents
Over half were comfortable using AI with a human option available.
BOC Group Life set to maintain stable growth, says S&P
The insurer’s capital and earnings should remain “satisfactory” through 2027.
Prudential sees upbeat outlook as productivity and sales rise
Jefferies attributed the stronger results to improved agent hiring and training.
AIA Group posts 25% rise in Q3 2025 new business value to $1.5b
The company said this marked its highest-ever VONB for a third quarter.
FM appoints new client service manager for SEA
Kuan joined FM in 2013 as a consultant engineer.
Singlife boosts insurance for MINDEF and MHA servicemen
The company has provided coverage for servicemen since 1983.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. TS Holdings merges Shin Kong Life and Taishin Life 5. PNB MetLife launches dividend fund linked to insuranceResource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
