Insurance
PICC growth weakens as P&C recovery lags life gains
PICC growth weakens as P&C recovery lags life gains
Life and health now contribute over 60% of premiums, supported by strong demand.
Pet insurance market on the road to $27b market value by 2032
APAC accounted for 11% of the global market in 2024.
Philippine insurers trapped by price tariffs as disaster risks escalate
Non-life combined ratios surged to 95.4% as operational costs and disaster risks mount.
Japan insurers to maintain strong solvency under new regime, report says
Fitch Ratings considers J-ICS conservative for Japan.
Markel opens Perth office to expand Western Australia presence
The company also appointed two Perth-based senior underwriters.
China Pacific Insurance growth faces slowdown risk despite 2026 earnings gains
Morningstar forecasts net income at $8.16b in 2026.
Tune Protect Malaysia partners with Akur8 to enhance insurance pricing
Akur8’s platform enhances pricing processes through machine-learning technology.
Aon appoints Winnie Loh as SEA real estate, data centre leader
Loh has more than 20 years of experience in the insurance industry.
Insurance gaps expose business travellers to $150,000 risks
Zurich said 53% faced incidents abroad with medical cases driving most assistance claims.
Cover-More secures Aon clients and staff in travel cover push
The agreement spans retail accounts.
Insurtech investors drop to lowest since 2017 as funding tightens
Seven firms from the 2025 raised a combined $298m after October showing selective funding.
Singapore insurance remote share drops 7.5 points as hiring cools
Job postings across all sectors remain 12.0%, below year-earlier levels.
AI can cut insurer costs 20% but adoption lags across sector
Firms using the technology can also lift premiums by around 3% to 5%.
GIFT City insurance market jumps 11-fold in 5 years
Premium volume rose from $102m in 2020 to more than $1.2b by 2025.
Allianz Singapore offers up to $46,800 in scam protection
Two tier structure allows multiple shopping related claims under higher coverage level.
How 1 April renewals pushed Japan cat rates down 16%
Howden Re said another year of low catastrophe losses helped drive the decline.
Nine in 10 Malaysians delay care despite insurance support
Over half also report difficulty booking or managing consultations through digital channels.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
