Insurance
This week in insurance: bolttech expands, Manulife widens access, Allianz-ShopeePay roll out cover
This week in insurance: bolttech expands, Manulife widens access, Allianz-ShopeePay roll out cover
Hong Kong sets 50% benchmark on referral fees paid by licensed insurance brokers.
Aon projects $5b reinsurance premium from emerging casualty risks
Opportunities for growth exist in legacy liability transfers, parametric solutions, and more.
Malaysia rolls out voucher scheme to boost financial inclusion amongst gig workers
It gives recipients $7.10 (RM30) to buy insurance or takaful products.
SEADRIF delivers $2m payout to Lao PDR for disaster relief
The policy triggers payouts based on the number of people impacted by disasters.
Philippines non-life insurers’ net income grows 3% YoY in H1 2025
Total net premiums written (NPW) stood at $713.3m.
Aon projects China health insurance to grow 7.4% CAGR by 2032
Telemedicine is the most adopted service.
Tune Protect partners BOXX to launch CyberSafe for global travellers
It is accessible through Tune Protect’s B2B portal.
Ping An Health sustains profit as growth slows in China
The company’s capital and surplus rose to $1.4b last year.
Reinsurers sustain stability as profits hold through 2026: S&P
Catastrophe losses reached about $80b in the first half of 2025.
Why reinsurers hold steady on catastrophe risk in 2025
But insured losses from natural catastrophes reached $137b in 2024.
APAC’s flood insurance market set for 19.7% CAGR to 2032
Globally, the market is expected to expand 15.6% between 2022 and 2032.
AIA Group earnings outlook brightens as profits rise in 2025: CGS International
OPAT growth is seen to exceed AIA’s 9% to 11% guidance range next year.
Great Eastern offers self-help tool to assess protection gaps
It also allows them to compare existing coverage.
Allianz Malaysia, ShopeePay roll out budget accident coverage
The plans are eligible for the govt’s Perlindungan Tenang Voucher Programme.
1 in 5 Australians raise health excess to pocket savings on premiums
Gen Z respondents were the most likely to raise their excess at 30%.
Tokio Marine GX debuts as underwriting platform for decarbonisation
It will provide up to $500m capacity per risk.
HDI Global expands ESG Risk Solutions team with three senior leaders
The appointments follow HDI Global’s rollout of environmental coverage in late 2024.
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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.
