Insurance
India’s life insurance market to reach $170b by 2029
It also seen to record $121b gross written premiums this year.
Allianz Commercial Japan names Brian Jinzenji as new President
Additionally, Yuchiro Funabashi was tapped as the new Executive Vice President.
Singlife’s PROPEL appoints new technology chief
The new CTO will focus on enhancing the PROPEL platform.
Australians assess retirement options amidst superannuation gaps
ASFA recommends $595,000 for singles and $690,000 for couples.
Etiqa Insurance relocates to Capital Square
The company said the move aims to enhance accessibility.
Energy insurers report $2b in claims as rates continue falling
Due to increased capacity and competition, particularly in local and int’l markets.
Indian life insurer collaborates with ministry on Bima Sakhi for women agents
Bima Sakhi agents receive the same benefits and privileges as regular LIC agents.
Aon names DeBrunner to lead global accounting functions
He will succeed Michael Neller, who has held the role since 2018.
Insurers use real-time data to track builder performance – Expert
This comes at a time when construction sign-ups reached an all-time high.
Insurance rates fall across major lines in Asia during Q2 2025
Property insurance rates dipped 5%, driven by strong competition amongst insurers.
AIA Singapore appoints Owen Addison as CHRO
Addison succeeds Aileen Tan, who will retire on 30 September.
bolttech partners with iBox to offer AppleCare in Indonesia
It also features door-to-door pickup and return services.
P&C insurers see steady 4.3% CAGR through 2032
Demand is rising in APAC due to urbanisation and increased risk awareness.
BMS strengthens financial lines with dual national appointments
Both McMillan and Jani joined BMS following its acquisition of Bluebook Brokers.
Hanwha Life enters US capital markets with Velocity deal
This would be the first South Korean insurer to acquire a US securities firm.
HKIA issues guidance on intermediary pay for long-term policies
The HKIA expects insurers to ensure intermediaries provide both pre-contract advice.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
