Insurance
Prudential raises over $530m from ICICI Prudential AMC sale
Prudential raises over $530m from ICICI Prudential AMC sale
ICICI Prudential AMC has set its IPO price band at $22.67.
Home insurance market set to reach $5.25t by 2032
However, rising cost of premiums and fluctuating pricing structures are barriers to expansion.
Will investor comfort finally catalyse Asia’s ILS expansion?
Despite this activity, ILS remains relatively new to the region.
Insurance hiring outpaces banking in Hong Kong for 2026
Despite digitalisation, life insurance claims roles are still hard to fill.
Valuables insurance market slated for $5.1b by 2034
Countries in Asia-Pacific, such as India and China, were coined as emerging markets.
Limited scale and geography constrain Provident Insurance’s business profile
AM Best sees PICL’s operating performance as adequate.
How 56% of insurers plan to boost data analytics use
Strengthening scenarios and stress testing contributed to the rise of ALM expenditures.
Microinsurance to hit $98.56b in five years
APAC will likely be driven by increased demand in embedded insurance.
Universal life insurance market to reach $132.3b by 2033
Countries like China, India, and Japan are leading in APAC.
Parametric insurance market set to hit $51.3b by 2034
Asia-Pacific will be the fastest-growing region.
BNP Paribas sells AG Insurance stake to Ageas for $2.2b
BNP Paribas said the deal is expected to close in the second quarter of 2026.
S&P cites ongoing group backing for Sing Re’s stability
The agency noted that the guarantee only applies to reinsurance obligations.
Cost and low awareness limit health and life insurance uptake
Globally, China and India lead insurance usage.
IndiaFirst Life signs bancassurance deal with DNS Bank
This is DNS Bank’s third major tie-up in the life insurance segment.
Mitsui Sumitomo Insurance takes 12.5% stake in W. R. Berkley
MSI expects to complete its full investment in the first quarter of 2026.
Aon taps 40-year market veteran for ReSpecialty property team
He will report to Dustin Fabbian, senior broker of Aon’s property leadership team.
Uninsured subcontractor error exposes limits of marine survey contracts
An architect supplied incorrect information to the marine surveyor.