Insurance
Japan’s top insurers report strong FY 2024 on global premium rise
Japan’s top insurers report strong FY 2024 on global premium rise
Despite conservative forecasts, Fitch’s analysts expect higher EPS for two insurers.
India’s non-life insurance premiums rise 5.2% in June 2025
The government’s Bima Trinity initiative is expected to support future growth.
Markel Insurance names Chelsea Jiang to lead Greater China
She will be based in Hong Kong.
Prudential Vietnam welcomes new CEO
He has more than two decades of experience in the industry.
ASIC plans to extend digital disclosure rules for five years
Changes include simpler language, updated legal references, and better examples.
Asia-Pacific home insurance market to grow 10.12% by 2032
Globally, the market is expected to bag $477b.
Aon reports 22% rise in APAC cyber claims in 2024
Claims involving social engineering and fraud surged 233%.
Zurich Malaysia launches AI assistant for agent support via WhatsApp
The tool is available 24/7, helping agents reduce turnaround time.
HDI Global secures Japan nod for parametric quake coverage
The initiative is in collaboration with Descartes.
Miller launches marine insurance team in Korea with four hires
KyungSeop (KS) Shim joins from Marsh Korea as head of Specialty, Korea.
HNWIs prioritise health over wealth in new Manulife study
But only 44% feel very or extremely confident that they will remain healthy.
Sun Life survey notes dip in insurance ownership claims
Only 8% of Singaporeans are planning more than 10 years ahead.
Japan’s retirees favour tax-deferred annuities for security
Only 40% were willing to convert assets into guaranteed lifetime income.
Cyber insurance market to hit $74b globally by 2033
The market was valued at $14.2b in 2024.
Agricultural insurance boosts China’s farm output by 8.99%
The impact is especially strong in China’s eastern provinces.
Great Eastern to maintain capitalisation, profitability after failed privatisation
It should maintain its capitalisation even after the proposed share issuance.
Zurich China pays $19.78m in US remote control lawsuit
A six-year-old boy in the US suffered stomach injuries after swallowing a remote battery.
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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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