Insurance
Vietnam’s social insurance climbs by 9% YoY in Q1 2025
Vietnam’s social insurance climbs by 9% YoY in Q1 2025
Participants in unemployment and health insurers also increased during the quarter.
Where is cyber insurance growing fastest across regions?
Asia/Oceania are expected to expand their market shares to 8% by 2027.
This week in insurance: Japan seeks int’l growth, Ping An cuts carbon footprint, Tokio Marine sells Mitsubishi stake
AXA Hong Kong and Macau also partnered with Ant Bank (Hong Kong) and AlipayHK.
Nan Shan General’s high dividend payout to slow organic growth
AM Best it to continue to focus on domestic fixed-income investments.
Income protection market to hit $56b by 2033, APAC to lead growth
The region will benefit from stable financing and supportive policy frameworks.
ClearView gains stability with pivot to core life insurance
Its exit from non-core operations will streamline its focus toward profitability.
Howden Re sees 10% to 15% rate cuts in Japan catastrophe cover
Japan remains a key market for reinsurers due to its large volume.
How did top insurers by market cap perform in Q1 2025?
China’s PICC Property and Casualty led gains with a 40.5% rise in market value.
Allianz flags rising business exposure to civil unrest risk
APAC recorded nearly 40,000 protests and riots in 2024, highest globally.
Philippines calls for more gender-specific insurance and HMO plans
The commission also encourages gender-sensitive plans and programmes.
Hong Leong Assurance introduces retirement-focused policy
HLA Future Secured offers coverage of up to RM4m.
MSIG Singapore unveils pet insurance with up to $15k coverage
It also includes complementary therapies such as acupuncture and physiotherapy.
Asia’s energy sector benefits from soft insurance market: Willis
Insurers also continue to provide strong capacity with new and expanded offerings.
Trade credit insurance ‘key’ to SME growth: ICISA
The association also stated 6 recommendations for policymakers and regulators.
BMS Group appoints new chairman
He was most recently CEO and Chairman of the Executive Board at Hannover Re.
PNB MetLife launches pension multicap fund with Policybazaar
It will be open for subscription from 1 to 15 April at a NAV of ₹10.
AXA Philippines partners with Grab, MOVE IT on gig insurance
The gig workers are eligible for up to ₱1m of insurance coverage.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs