Insurance
Sumitomo Life issues $1.2b subordinated notes listed in Singapore
Sumitomo Life issues $1.2b subordinated notes listed in Singapore
The 5.875% step-up callable subordinated notes are due in 2055.
Hotai Insurance outlook steady with capital buffers and parent support
Net profit reached $62.7m (NT$1.9b) in 2024.
Reinsurance capital expected to rise 8% through 2025: Gallagher Re
Reinsurers will also maintain strong profitability this year.
AIA Hong Kong boosts insurance plans with Concord Healthcare access
It is part of their employee well-being programme.
Tata AIA launches index funds on India’s top 500 firms
Both funds are open for subscription at ₹10 per unit until 22 September.
Why Australians rely on reviews when picking a health insurer
Younger Australians are the most active in checking reviews.
COVID-19 insurance market forecast to grow at 6.5% CAGR
Looking ahead, the market is forecast to reach $62.35b by 2029.
China BOCOM Insurance to maintain stable performance with BOCOM support
CBIC’s earnings continue to rely on investment income.
Allianz Trade appoints Hassan Omaish as CEO for Hong Kong, Korea, Taiwan
He will take over from Edmond Lee, who is retiring after 12 years.
Why reinsurers post second-highest returns in 2024
Net premiums written grew 5.7% in 2024.
Asia-Pacific reinsurance sector stays stable despite soft market
The industry remains well capitalised, but Fitch cautions climate-driven volatility.
Long stay travel insurance market to bag $4b in 2025
By 2029, the market is expected to reach $5.04b, expanding at a CAGR of 7.1%.
Hong Kong Insurance Authority urges joint effort in risk management
HKIA highlighted its ongoing collaboration with insurers and academics.
Singapore scams fall with 791 new insurance cases reported
Victims lost about $16.6m (S$21.3m) in total.
Proposed net cash flow tax to raise Aussies’ insurance costs: industry body
The council suggested scrapping stamp duties on insurance, amongst others.
Aussie insurance body urges strata law reforms to counter rising premiums
Building defects cost $1.3b annually for residential apartments across Australia.
Dai-ichi Life Holdings sets up new firm to manage its investments and loans
It covers fixed income investment, alternative investment, and structured finance.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
