Insurance
Philippines non-life insurers’ net income grows 3% YoY in H1 2025
Philippines non-life insurers’ net income grows 3% YoY in H1 2025
Total net premiums written (NPW) stood at $713.3m.
Aon projects China health insurance to grow 7.4% CAGR by 2032
Telemedicine is the most adopted service.
Tune Protect partners BOXX to launch CyberSafe for global travellers
It is accessible through Tune Protect’s B2B portal.
Ping An Health sustains profit as growth slows in China
The company’s capital and surplus rose to $1.4b last year.
Reinsurers sustain stability as profits hold through 2026: S&P
Catastrophe losses reached about $80b in the first half of 2025.
Why reinsurers hold steady on catastrophe risk in 2025
But insured losses from natural catastrophes reached $137b in 2024.
APAC’s flood insurance market set for 19.7% CAGR to 2032
Globally, the market is expected to expand 15.6% between 2022 and 2032.
AIA Group earnings outlook brightens as profits rise in 2025: CGS International
OPAT growth is seen to exceed AIA’s 9% to 11% guidance range next year.
Great Eastern offers self-help tool to assess protection gaps
It also allows them to compare existing coverage.
Allianz Malaysia, ShopeePay roll out budget accident coverage
The plans are eligible for the govt’s Perlindungan Tenang Voucher Programme.
1 in 5 Australians raise health excess to pocket savings on premiums
Gen Z respondents were the most likely to raise their excess at 30%.
Tokio Marine GX debuts as underwriting platform for decarbonisation
It will provide up to $500m capacity per risk.
HDI Global expands ESG Risk Solutions team with three senior leaders
The appointments follow HDI Global’s rollout of environmental coverage in late 2024.
Asia insurance covers just a tenth of catastrophe losses
Global modelled insured average annual property loss rose to $152b.
Asian reinsurers grow abroad as overseas premiums near half share
US premiums now account for 18% of major Asian reinsurers’ portfolios.
FWD Life Insurance launches fast lane with shorter pay terms
The plan requires a minimum premium of $3,480.32 per year.
WTW names new Health & Benefits leaders to drive SEA growth
The appointments aim to support its benefits programmes.
Commentary
AI isn’t replacing insurance, it’s finally making it work