Insurance
Singlife launches shared accident coverage for families
Singlife launches shared accident coverage for families
The insurer said this is the first personal accident insurance plan in the market.
Willis appoints Steve Hutchinson as P&C head for HK, Macau
He was previously Chief Broking Officer at Howden Insurance Brokers in Hong Kong.
Chinese insurers explore nonstandard securitisations
Originators want faster issuance times, even at higher funding expenses.
Flexible work gains ground in Singapore’s insurance sector
The sector was amongst those that typically require on-site presence.
Clearer cyber risk benchmarks for Australian SMEs pushed
The financial fallout from a single cyber event can be devastating.
Swiss Re brings in 17-year CRO veteran for top risk role
He will succeed Patrick Raaflaub, who is stepping down from the role.
MoneyHero launches integrated car insurance platform with bolttech
The new service allows customers to compare real-time quotes.
Insurance companies risk missing $160b without AI scale
Those who successfully deploy AI invest about 30% more in AI capabilities than peers.
Travel insurers cut benefits for seniors and children in Hong Kong
Premiums ranged from $145 to $509 for a 7-day trip in Asia.
India’s insurance penetration rises to 41% on public schemes growth
India’s healthcare and hospital sector is moving to aggressive expansion.
Japan’s top P&C insurers post double-digit profit growth in fiscal 2024
Domestic net premiums written also grew across all three insurers.
Australian insurers report $6.1b profit on benign hazard period: KPMG
Profits before investment income and after taxes were $3.1b.
Marsh McLennan posts 1.4% dip in net income for Q1 2025
It’s APAC segment bagged $335m in revenues.
ICICI Lombard earnings surge 30% YoY in FY 2025
Gross written premiums for FY 2025 also climbed 10.4%.
Willis selects Anant Pawar to lead aviation insurance in India
He brings over 27 years of experience in the insurance and reinsurance industry.
Chubb assigns Janene Blizzard to oversee A&H portfolios in APAC
Blizzard joined Chubb in 2008.
How will New Zealand’s life insurance sector perform in 2025?
GlobalData expects the market to reach $3.8b in gross written premiums.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs