Insurance
Vietnam updates social insurance law for foreign contract staff
Vietnam updates social insurance law for foreign contract staff
It requires working foreign nationals to sign for compulsory social insurance system.
Tokio Marine Holdings’ net income bags $3b Q1 2025
Net premiums written grew 4% year-on-year.
Resolution Life signs reinsurance deal with Taiju Life in Japan
The deal is intended to improve the product’s crediting rate.
Zurich in APAC sees 16% rise in operating profit for H1 2025
P&C BOP rose 24% to $180m.
China maintains 95% medical insurance coverage from 2021-2025
In 2024 alone, the number of reimbursed visits was 1.6 times higher than in 2020.
Cambodia insurance premiums hold steady at $28m in May 2025
Life insurance premiums grew, whilst general insurance contracted.
Taiwan life insurers see $5.15b in foreign-currency sales
Traditional products accounted 85% of the total.
Global insured losses hit $80b in H1 2025
Myanmar’s quake led to ~$1.5b insured losses for Thailand.
Canopius Group posts 24% profit rise to $222m in H1 2025
Thanks to higher premium volumes and improved underwriting.
FWD Group launches Hong Kong lounge under FWD Private brand
The HNW platform now operates across three jurisdictions.
Manulife Asia records $520m Q2 2025 core earnings
It also reported a 34% YoY increase in new business contractual service margin.
CPIC Life HK strengthens growth outlook with Moody’s forecast
Its pursuit for strong premium growth from a low base will likely to reduce its capital coverage ratio.
Japan life insurers double premium income in fiscal year start
The industry saw individual insurance and annuity new businesses climb.
Asia-Pacific, Africa struggle with $24b in uninsured losses: Munich Re
Only $0.6b was covered by insurance after the magnitude-6 earthquake in Tainan, Taiwan.
Taiwan’s insurers report $650m loss in H1 2025 earnings
In contrast, non-life insurers posted a pre-tax profit of $0.52b.
China expands insurer assessment cycles to promote stability
The previous system only focused on the current year and a three-year cycle.
APAC medical professional liability insurance to grow 11.5% through 2034
In 2023, China had approximately 4.78 million medical practitioners.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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