Insurance

Malaysia flood cover drops to 0.25% as hazard risk intensifies

Insurers warn exposure may now be scaling faster than premium income.

Zurich-Beazley deal would sharpen specialty edge: GlobalData

Beazley’s expertise in specialist lines could help Zurich expand its technical capabilities.

Zurich Malaysia locks in exclusive group takaful scheme with Kenanga

The cover will be offered only to Kenanga Investors clients through its wealth management arm.

MS Amlin takes over MSI UAE risk through new reinsurance pact

The deal is run via the Dubai branch and targets bank clients needing contract frustration cover.

India insurance premiums hit $131b as agents lose dominance

Bancassurance and alternative channels now drive the bulk of incremental growth in non-life sectors.

Prudential falls behind in Hong Kong but dodges broker rule shock: report

Sustainable strategy may pay off when broker policy rules shift in Hong Kong next year.

QBE deal expands as Malayan embeds add-on into RCBC auto loans

Paramount Life and General Insurance Corporation acts as the local partner in the Philippines.

Insurers face China AI surge as report ranks disruption as top threat

Regulation change sits third with 33% citing it as a major risk driver for companies.

Manulife Singapore launches 2 par plans targeting wealthy investors

One is USD based and other is SGD based with year 5 breakeven.

Insured catastrophe losses top $100b for sixth straight year

Global settlement figures declined by $40b compared to the record highs seen during 2024.

Catastrophe losses strain reinsurers as 6-year $100b streak persists

Contract structures kept higher attachment points though some exclusions tightened.

South Korea insurers see profits sink 15.2% in 9M 2025

Net income slid to $7.90b despite gains from asset sales and revaluations.

Malaysia insurers must confront catastrophe risk spike for 2026 report

Over one-third of respondent identified extreme weather events as their top risk.

Great Eastern debuts Singapore first physical gold ILP fund

It becomes the first local provider to embed physical gold bars into insurance policies.

Bharti AXA Life pushes locked annuity rates amidst retirement anxiety

Customers can fix current pricing now for income that runs for life.