Insurance

Commercial insurance market to grow 7.9% yearly until 2030

APAC is expected to record the fastest growth.

Why Australian parents say Gen Z least likely to contribute to insurance bills

Only 22% of parents reported that their adult dependants pay their full share.

Singapore doubles CareShield Life payout growth rate to 4% yearly

From 2030, monthly payouts for claimants will be US$628 (S$806).

IFPAS, Kaplan support 200 professionals with HNW wealth management certification

It provides a pathway to the Institute of Banking and Finance Singapore Level 2 or 3 Certification.

Sompo Holdings acquires Aspen Insurance in $3.5b all-cash deal

It is expected to close in the first half of 2026.

Singlife launches critical illness plan with high recurrent payouts

It covers 135 critical illness conditions at early, intermediate, and severe stages.

Philippines pilots satellite-based crop insurance with global partners

Agricultural losses from natural disasters reached ₱57.8b in 2024.

Prudential posts 7% rise in H1 2025 profit to $1.4b

Earnings per share rose 12% to 49.3 cents.

Aon says profitable growth linked to focus and relevance

But profitability varied across property and casualty lines.

Miller names Cumberland to newly created global broking role

He was most recently Executive Director at Howden.

Allianz Malaysia offers cashless hospital cover in travel plan

Coverage extends to senior citizens up to age 85.

HDI Global names Tikhonov to lead marine risk operations

He succeeds Felix Cassau, who has taken up a new role at Hannover Re.

Sumitomo Mitsui Financial’s profitability to strengthen in next 18 months

The improvement is projected to come from revenue growth.