Insurance
Allianz Ayudhya to keep adequate performance with health, commercial growth
Allianz Ayudhya to keep adequate performance with health, commercial growth
Despite this, operations stayed profitable in early 2025.
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.
Prudential Hong Kong posts fourth quarter of double-digit APE growth
New Business Profit (NBP) rose 16% YoY.
Kennedys adds marine expert Iain Anderson as Singapore partner
He has been based in Singapore since 2010.
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.
Canara HSBC Life Insurance unveils pension product for retirement planning
Key features include zero allocation charges.
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.
Commentary
AI isn’t replacing insurance, it’s finally making it work