Insurance
Why Asia-Pacific insurance is expanding with regulatory reforms
Why Asia-Pacific insurance is expanding with regulatory reforms
Some markets require formal assessments, creating opportunities for industry players.
Energy and power insurance to reach $10.2b by 2029
Significantly, Asia-Pacific is expected to post the fastest growth.
Insurtech funding dips slightly to $1b in third quarter 2025
Investor participation in insurtech continued to decline with only 186 active investors.
Zhibao Re boosts outlook with parental support and liquidity
AM Best expects short-term fluctuations because of the small initial capital.
What will drive APAC’s insurance claims market to grow 16.6% annually?
AI and data analytics will catapult the global industry to bag $638.3b by 2032.
Willis launches data centre practice in Asia
It named Lay See Ong as practice lead.
Zurich Insurance appoints Shao to lead claims strategy across Asia
Shao returns to Zurich from AXA XL.
Allianz Trade appoints William Whittington to lead specialty credit
He joined the company in 2016 after starting his career at Lloyd’s of London.
Asia insurers face rising demand for claims value: Aon
Insurers are using more technology to speed up low-value and non-complex claims.
Australia’s non-life insurers sustain profit with firm reinsurance terms
The sector also remains dominated by IAG, Suncorp, QBE and Allianz.
Employers in Asia see budgets strained as insurers tighten coverage
63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.
Zurich Insurance posts 8% rise in P&C premiums to $38.9b in 9M 2025
Policy count rose by 103,000 over the past six months.
Oona Insurance partners with Tesla on free Model Y coverage
They will offer 12 months of coverage supported by Oona’s digital claims service.
Igloo reports faster claims and higher sales with AI adoption
Claims response times have fallen from up to three days to one minute.
How did insurance rates compare across Asia in Q3 2025?
Property insurance rates in Asia fell 5% in Q3 as strong competition kept premiums low.
BIS study highlights offshore reinsurance exposure in insurers’ models
Private markets and proprietary models reduce transparency.
Vietnam revises unemployment contributions for persons with disability, laid-off
Those who hire persons with disabilities will receive a UI premium reduction up to 12 months.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Manulife to sell MVI Life to Japan’s Asahi Life 4. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire 5. Singlife, Lion Global Investors launch physical gold fund in SingaporeResource Center
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AI isn’t replacing insurance, it’s finally making it work