Insurance
Asia-Pacific leads global crime insurance growth at 18.6% CAGR
Asia-Pacific leads global crime insurance growth at 18.6% CAGR
Globally, crime insurance market is expected to grow 13.5% from 2023 to 2032.
WTW advises Brunei employers to review health policies amidst new rules
The move aims to manage rising public healthcare costs.
How insurance aids legacy planning for high net-worth families
As fortunes grow more complex, insurance is emerging as a key tool to pass wealth.
AIA Singapore launches chronic disease plan with Amplify Health
The 12-month programme offers personalised coaching and health tracking tools.
Insurance investors boost demand for structured private credit
Rated note feeders have emerged as a key tool for insurers.
Family accident insurance seen hitting $6.7b by 2029
Asia-Pacific is expected to post the fastest growth.
China reinsurance market stable as capacity grows: AM Best
The motor segment has entered a low-growth phase, though profitability has improved.
Fitch sees weak car sales weighing on Indonesia insurers, NBFIs
Fitch expects modest premium growth through 2026.
Home insurers grow as premiums top $6.3t
Insured losses from natural disasters are expected to reach $140b to $150b in 2025.
Sompo tests methane insurance as regulations tighten
Satellite monitoring and inspections help firms detect leaks and avoid fines.
Australia posts $1.3b in insured losses from major disasters
The report also pushes for the proposed $19.8b Flood Defence Fund.
PDIC issues draft rules to clarify denied claims appeals
Key changes include wider coverage of cases.
Australia insurers sustain profits on higher premiums, stable claims
Health insurers are likely to see moderate profitability.
Igloo expands climate insurance across Southeast Asia
It also plans to expand in Indonesia.
Why are businesses willing to pay more for insurance with AI protection?
Demand is strongest amongst the technology and financial sectors.
Oona Insurance introduces flexible coverage for Filipinos abroad
Oona members have cashless access to over 650 hospitals and clinics nationwide.
LIC partners with RBL Bank to expand bancassurance reach
This will enable RBL Bank customers to access LIC’s life insurance products.
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Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness