Insurance
How expanding insurance could add over 4% to GDP across ASEAN
How expanding insurance could add over 4% to GDP across ASEAN
These gains are linked to stronger labour force participation and more.
India exempts individual health insurance premiums from 18% GST
The change lowers costs for policyholders.
Specialty insurance market to triple by 2032
This shows a compound annual growth rate of 10.7%.
Vietnam targets 95% health insurance coverage by 2026 under resolution
Authorities are expanding coverage through employer–employee contributions.
How India’s two-wheeler insurance claims rose 15% in 2024
EV-related claims are 18% to 20% more frequent than petrol bike.
Zurich Edge unveils digital policy cards, travel alerts
The digital cards will integrate both Google Wallet and Apple Wallet.
RACQ accused of sending 570,000 renewal documents with wrong premium
One case allegedly saw RACQ hiking up a customer’s premiums by 40%, said ASIC.
Trigger flaws challenge growth of parametric insurance
Rapid expansion faces hurdles from flawed triggers and basis risk.
Igloo links with Telkomsel to provide gadget and screen insurance
In 2023, Indonesia saw 3,300 cyberattacks weekly.
Generali China Insurance uses drones to improve solar plant coverage
Quantified Energy’s drones use electroluminescence imaging to spot hidden defects.
HSBC Life unveils retirement-focused income insurance plan
The product also provides health protection benefits.
India non-life insurance premiums growth eases to 1.6% in August 2025
Growth in health, fire, and engineering insurance partly offset the decline.
Hong Kong Insurance Authority mandates labeling of savings products
This is to avoid confusion with bank deposits.
Vietnam Social Security reports 19.3m workers with insurance
This is also equal to 40.8% of the country’s workforce.
Singapore Re capital remains solid as AM Best cites discipline
Because most investments are held in cash, deposits and fixed income.
Healthcare broker market grows 9.4% to $64b in 2025
The market is forecast to reach $90.74b by 2029.
How South Korea insurers boost capital buffers to 206.8% in June 2025
Available capital rose to $187.6b.
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