Insurance
Why rural India is driving 43% of premiums as urban dominance slips
Why rural India is driving 43% of premiums as urban dominance slips
Districts with over 70% rural population contributed up to 24%.
India builds $1.4b maritime insurance pool to cut foreign reliance
The scheme will cover hull cargo liability and war risks for Indian linked vessels.
High insurance costs limit Arctic shipping to niche cargo
Routes can cut sailing distance by up to 40% between Asia and Europe or North America.
Underinsurance leaves APAC economies to absorb $69b losses
At least 15 events each caused damage exceeding $1b across the region.
India expands Russian insurers to secure oil shipping cover
The approvals raise the total number of authorised providers to 11 for marine risk protection.
Cover Genius pushes travel insurance into Tongcheng bookings
Customers in Malaysia and the Philippines can now access protection during checkout.
Finance sector cements dominance over Philippines ICT market
GlobalData says the sector will hold the top end use position through 2029.
War-risk underwriting tightens in Singapore as Gulf airspace disruptions persist
Airlines reroute across Asia–Middle East routes as insurers reassess exposure and pricing risk.
Taiwan’s foreign-currency insurance sales jump 30% to $13.4b
Traditional policies generated about 83% of new premium revenue in 2025.
Disaster risks strain public-private insurance models globally
Report reviewed 14 programmes and found rising liabilities and weak incentives.
India health insurers hit policyholders with 50% to 200% hikes
More than 7 in 10 respondents said costs climbed sharply between 2022 and 2025.
Manulife pushes annuity plan to counter retirement risks
GoldenStart includes additional payouts triggered by diagnosis before age 80.
Affluent women force rethink of legacy planning in Asia-Pacific
Stable growth and early engagement shift advice beyond transactional transfers.
Asia-Pacific absorbs $180 billion in uninsured catastrophe losses
Uninsured disaster losses highlight low coverage and rising economic exposure.
How can Asia’s energy insurers keep prices low as global risks rise?
Light losses and excess capacity offset geopolitical and economic pressure.
China insurance covers 95% as fraud probes hit 1,626 institutions
Authorities inspected 124700 providers using tracking codes to enforce compliance.
Sri Lanka commits 2% insurance penetration rate by 2035
Sri Lanka and other industry bodies introduced the “Vision 2035” roadmap.
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Awards
Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
