Insurance
This week in insurance: Zurich pays $19.8m US claim, GEH stays public, Japan approves new quake cover
This week in insurance: Zurich pays $19.8m US claim, GEH stays public, Japan approves new quake cover
Prudential also unveiled a new CEO for its Vietnam arm.
Moody’s sees stronger earnings ahead for FWD Group
Its July 2025 listing in Hong Kong boosted financial flexibility and capital access.
Lao PDR signs impact-based insurance policy with SEADRIF
The agreement continues Lao PDR’s push for innovative disaster risk financing.
Clyde & Co. maps dispute outlook across key business sectors
48% expect more disputes due to economic pressure and complex risk conditions.
Hongkongers link insurance to better ageing health outcomes
43% expect to spend more on medication.
Global insurance telematics market to grow 18.9% yearly through 2034
China is emerging as a key growth driver in Asia-Pacific.
Taiwan to revise insurance fee rules for IFRS 17 in 2027
These changes aim to align the definition of “substantive operating revenue”.
Asia-Pacific liability insurance market to grow 8% annually
Globally, the market is expected to grow from $252.34b in 2021 to $432.81b in 2031.
AXA Philippines unveils self-service kiosk for insurance access
On-site staff are available to assist users.
Trust issues limit parametric insurance growth in Asia
Lack of understanding and low agent incentives pose major barriers.
Singaporean rental platform launches free home insurance
The insurance is embedded directly into the platform in partnership with discovermarket.
Zurich Kotak launches EV Protect add-on for electric vehicles
It also addresses risks such as power surges.
PNB MetLife combines insurance with value-based equity investing
It will be open for subscription from 15 to 28 July, 2025.
MSIG Insurance settles $44.33m in claims across Hong Kong, Macau
The company received only nine complaints during the year.
China shifts insurance metrics to promote long-term strategy
One key adjustment involves how return on equity (ROE) is assessed.
Aon reports $100b in global insured disaster losses for H1
This figure marks the second-highest total for any first half of a year.
AXA partners with China Biotech on targeted cancer therapy
The technology is a form of targeted radiotherapy that uses a boron-containing drug.
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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.
