Insurance

Manulife to sell MVI Life to Japan’s Asahi Life

Manulife to sell MVI Life to Japan’s Asahi Life

Asahi Life, Japan’s second oldest life insurer, seeks to expand its presence in Vietnam.

Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire

It may trigger premium adjustments or stricter terms and conditions.

India insurance market sees moderating premium growth: Report

Growth in key lines is being weighed down by a slowdown in agriculture and motor.

AI isn’t replacing insurance, it’s finally making it work

Why the next wave in protection will be human-led, machine-scaled and built across Asia’s thriving insurance hubs.

AIA China poised for double-digit new business growth through 2030

New geographies will be its core growth engines, says UOB Kay Hian.

Allianz Life elevates CFO Giulio Slavich to CEO

Incumbent CEO Charles Ong is retiring by the end of 2025.

Singlife, Lion Global Investors launch physical gold fund in Singapore

All gold holdings are insured and stored in vaults in the city.

Australian health insurers see record high hospital claims

A total of 453,259 high claims—or those higher than A$10,000— were paid out during the year.

Allianz may cut up to 1,800 jobs in travel insurance division: report

The job cuts will mainly affect call centres, a source said.

APAC emerging market insurers outperform peers during volatility

But they do face constraints in scale and diversification.

Cyber insurance gaps leave APAC vulnerable to rising digital risks

Limited coverage, financial modeling, and training hinder cyber insurance adoption.

Singapore’s non-life insurers see growth as offshore business expands

However, competition from global carriers continues to squeeze margins.

Australian superannauation fund fined $15.34m for delays

The penalty exceeds United Super's reported revenue in the 2024 financial year.

Dai-ichi Life retains stable outlook despite higher risky asset holdings

Asset quality is expected to gradually improve, Moody's said.

What will drive the APAC life insurance market to bag $2t in five years?

India and China are major drivers of the sector’s growth.

Allianz Malaysia logs 9M 2025 profit growth on rising insurance revenue

Both general and life insurance segments saw higher revenue in Q3.