Insurance
China proposes insurance coverage for post-retirement employees
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.
UOI to boost tech investment by nearly 50% from 2023 levels
It said it plans to expand in Singapore and key ASEAN markets.
Bangladesh insurance market to reach $16b in 2025
Per capita spending on insurance is projected at $88.22.
SEADRIF forms seven new partnerships in 2024 to boost disaster cover
The facility disbursed a $3m rapid payout to Lao PDR within six days following floods.
SBI Life Insurance launches flexible term cover with three plan options
Death benefit payouts can be structured as a lump sum.
Allianz Commercial flags battery overheating as key EV insurance concern
Allianz noted that 15% to 30% of EV fires are linked to charging.
Beazley profit before tax drops to $502.5m as premium growth slows
The insurer’s H1 2025 insurance service result was $493.7m.
eazy Insurance acquires G&C General in Singapore retail sector expansion
The move forms part of Eazy’s long-term growth plan, which focuses on combining digital tools with personalised service.
FWD Insurance, IBPO Group Berhad launch inclusive life cover with loan financing
Both are Shariah-compliant.
APAC pet insurance market to grow 14.6% through 2033
Japan, for example, has seen a 30% rise in pet adoption since 2020.
Commentary
AI isn’t replacing insurance, it’s finally making it work