Insurance
QBE Foundation delivers S$875k for insurance-led climate aid
QBE Foundation delivers S$875k for insurance-led climate aid
The funding will help provide insurance access.
United Overseas Insurance maintains growth outlook on strength of fire segment
Thanks to its Singapore market and access through UOB’s bancassurance channel.
HSBC Life posts 21.5% share of new premiums in Q1 2025
The insurer wrote over HK$20b in new business premiums during the period.
AXA sells AXA IM to BNP Paribas in $6.34b asset deal
AXA Philippines said there will be no changes to its investment-linked life insurance funds.
Prudential set to post 12% rise in H1 new business profit: UOBKayHian
Analysts forecast a total shareholder return yield of around 5% for 2026 to 2027.
Hong Kong insurance premiums hit $28.6b in Q1 2025
This was driven by robust growth in both long-term and general insurance business.
Insurers broaden AI use beyond underwriting in Q3 2025
The industry saw higher AI adoption rates in customer service.
Singlife warns of gap in care costs with ageing population
Long-term care costs have risen to an average of nearly S$3,000 per month.
Canara HSBC launches SecureInvest with high life cover
Policyholders also benefit from Loyalty Additions starting from year 10.
Bharti AXA backs IRDAI plan for internal ombudsman system
The proposed mechanism will apply to all insurers with over 3 years of operations.
Allianz Commercial appoints Nguyen-Huu as global head of portfolio
Daniel Head will join Allianz Commercial in the UK as head of Portfolio Solutions.
Sun Life marks 25 years on PSE with bell-ringing ceremony
The event also highlighted Sun Life’s 130 years of presence in the Philippines.
MS Amlin names Christiern Dart as CEO from January 2026
He brings more than 30 years of experience in international (re)insurance.
Oona Insurance eyes M&A to boost earnings
Stricter capital rules are pushing weaker players out of the Philippine market.
This week in insurance: APAC engineering cover leads growth, H1 NatCat losses hit $84b, Allianz-Jio form India reinsurer
Global commercial insurance rates fell by 4% in the second quarter of 2025.
Income Insurance launches grant with NCSS to aid caregivers
The insurer will fund up to 20 SSA-run programmes over two grant calls from 2025-2030.
Great Eastern unveils plans to aid multigenerational needs in Singapore
It also covers parents for late-stage critical illnesses like dementia and Parkinson’s.
Commentary
AI isn’t replacing insurance, it’s finally making it work