Insurance
Asia-Pacific insurers expand capacity for sound green projects
Asia-Pacific insurers expand capacity for sound green projects
APAC contributed about 421.5 GW of new renewable capacity over the past 10 years.
Bharti AXA introduces insurance plan for middle-income India
It provides life insurance protection worth up to 30 times the annual premium.
India’s life insurance premiums fall 3.1% in June 2025
The decline was mainly due to lower credit life sales.
Asia-Pacific aviation insurance to grow 8.7% through 2032
Globally, the market is projected to accumulate $7.1b by then.
Willis launches $200m cargo cover with Markel for war risk
The facility offers tailored coverage through a single policy.
Professional liability insurance is set to bag $81.2b in 7 years
APAC led the market in 2023, accounting fo 75% of total revenue.
Indonesian takaful eyes mergers as capital needs tighten: Fitch Ratings
More than 70% of takaful windows must be spun off by end-2026.
This week in insurance: FWD IPO debuts, Global premium outlook dim, Thai claims rise from quake disaster
HSBC Life also launched a HNWI-specific product with gold tracking.
Aon reports $1.75b in M&A insurance claims globally
APAC saw a rise in Warranty & Indemnity policies last year.
General aviation gains stable rates with underwriting surplus: WTW
Around $100m in premiums are typically placed around 1 July.
Generative AI in insurance to hit $14.4b by 2032
Asia-Pacific is projected to grow the fastest, at a CAGR of 38.1%.
Thai insurance commission and insurers align on Health Link to streamline claims
The plan aims to reduce documentation and boost claims approvals.
Specialty insurance market to grow $57b by 2028 on demand shift
Thanks to the demand for more tailored risk coverage amidst increasing globalisation.
South Korea to launch heat insurance for outdoor workers in 2026
The policy targets day labourers involved in public outdoor projects.
HKIA and peers unveil Charter 3.0 to strengthen scam defence
It brings together financial regulators, technology and telecommunications companies.
Global insurers post 6.8% premium gain in 2024 on expansion
Eighteen out of the 20 companies reported premium growth.
Swiss Re sees global premium growth easing to 2% in 2025
China’s growth is expected to slow to 4.7% next year.
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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.
