Insurance
Health insurance premiums in Australia are set to rise about 4% in 2026
Health insurance premiums in Australia are set to rise about 4% in 2026
A premium increase in this range would add around $82.6 to $93.6 a year for singles.
HSBC Life sustains strong growth with stable outlook
S&P also expects it to continue to operate as a core subsidiary of HSBC’s APAC banking arm.
Philippines orders insurers to fast-track claims in calamity zones
The IC also told companies to ensure damage assessments are properly recorded.
China’s non-life insurance market shifts focus toward specialty lines in 2024
Motor insurance remains the largest segment at about 54% of premiums.
Swiss Re’s net income jumps 85% year-to-date
The company is on track to meet its full-year net income target of more than $4.4b.
Life insurance policy administration systems set for 13.1% CAGR
The industry will likely record $11.20b by 2029.
Manulife’s Asia unit records earnings rise in Q3 2025
Annualised premium equivalent (APE) sales rose 5% to $1.45b.
Singapore insurers face rising claims with medical costs set to climb
57% of insurers expect further increases in medical cost over the next three years.
Insurers must expand cyber protection as Singapore shipowners upgrade security
Insurers must update underwriting as cyber navigation disruptions rise.
Willis strengthens Asia cyber team with Keating and Grijalva roles
Keating will be based in Singapore, whilst Grijalva in Hong Kong.
Chubb boosts embedded insurance with AI engine for digital partners
It helps improve customer engagement and boost conversion by matching protection products.
Ping An strengthens insurance plus rehab model with new facility
The facility is linked to Ping An Health Insurance’s direct payment system.
How did Philippine insurers perform in Q3 2025?
Insurance penetration climbed to 1.85% in Q3 2025.
APAC insurance M&A cools with fewer Q3 deals
Despite that, Asian insurers continued to pursue overseas expansion.
Why 4.5 million Australians skip insurance claims over premiums
The most commonly skipped claims were for home and car insurance.
Philippines launches parametric insurance for small fishers
The insurance will provide payouts of up to $100 per policy cycle.
3 in 5 Singaporeans worried they can’t afford vital medical care
There is also uncertainty over where to seek treatment adds to the problem.
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
