Insurance
MS&AD posts $1.51b profit in Q1 2025 on underwriting gains
MS&AD posts $1.51b profit in Q1 2025 on underwriting gains
Japan’s nonlife business posted stronger underwriting profit as earned premiums rose.
Howden Re reels in Candy Wong as head of treaty
Her appointment comes as Howden Re builds its Hong Kong platform.
Canopius unveils new casualty treaty underwriter
He joins from MS Amlin Singapore.
KB Insurance Indonesia targets growth, capital boost ahead of 2026 rules
AM Best projects more stable underwriting as the insurer expands its motor portfolio.
AM Best sees reinsurance outlook supported by strong capital
The absence of significant new market entrants has helped maintain market discipline.
Only 47% of eligible clients hold cyber cover
Arctic Wolf sees cyber insurers facing higher claims in 2025.
Central Re sees capital rise with stronger surplus in 2024
Central Re is expected to retain its market leadership.
Insurers may need to hire remotely to bridge talent gap
There is strong demand for actuaries, while underwriting faces a shortage.
This week in insurance: HNW products debut in PH, SG, HK; UOI ups tech spend; Vietnam cuts UI costs for hiring disabled
An insurer also plans to increase its tech investments by 50%.
China proposes insurance coverage for post-retirement employees
Employers must provide suitable roles based on older workers’ skills.
Singlife partners CapBridge to offer life and health insurance
This enables CapBridge’s financial advisers to provide Singlife policies.
Swiss Re’s H1 2025 profit jumps 23.8% YoY
Property and Casualty Reinsurance earned $1.2b in net income.
GlobalData says 41.9% see green insurance as essential
Meanwhile, 30.5% said such products are not essential.
Allianz Asia Pacific grows business volume 14% with strong L&H sales
Property & Casualty maintained profitability with growth in Malaysia and China.
Great Eastern issues bonus shares with trading set to resume
After the issue, GEH will have 503.03 million ordinary shares.
IAG tops APAC insurance M&A rankings with $880m RAC purchase
The second-largest deal was Tian Ruixiang Holdings Ltd.’s $150m reverse merger.
AXA Hong Kong and Macau unveil typhoon parametric cover for MOTOGO members
It also unveiled a travel insurance coverage of up to $38,220.21.
Commentary
AI isn’t replacing insurance, it’s finally making it work