Insurance
Taiwan’s life insurers post $2.22b in foreign policy sales
Taiwan’s life insurers post $2.22b in foreign policy sales
Investment-linked insurance products generated $311m.
Hong Kong insurers stay stronger under new reporting standard, HKRBC
Insurers applying for transitional measures are likely to recalibrate their operations.
Index shows 47.75% premium surge in India post-COVID
Male Indian policyholders continue to pay 20.12% more than female buyers.
VSS ends paper health cards as digital IDs go live in June
The VSS has developed a nationally integrated and centralised IT infrastructure.
Cambodian insurers grow Q1 gross premiums 6% to $102.3m
The industry’s financial income expanded 7% YoY to $11.9m.
Nepal Insurance Authority begins monthly KPI publication
The authority said it aims to support transparency, accountability, and evidence-based policymaking.
Japan’s LDP proposes National Health Insurance prepayment rule for foreign residents
Currently, resident foreigners who stay in Japan for over 3 months must enrol in the system.
How do employees in Asia feel about their coverage?
Rising medical trend rates are significantly outpacing salary increases.
South Korean insurers post $159m overseas profit in 2024
Asian operations posted a YoY decline in net income of $16.3m.
Singapore premiums rise sharply as health costs bite harder
Despite the rise in insurance costs, overall price pressures remain contained.
AXA to re-domicile Bermuda-based insurance unit to Hong Kong
The move will not affect ACRIB’s legal entity, organisational structure, or operations.
Generali completes sale of Philippine unit to Insular Life
In a previous announcement, this could result in a capital loss of ~$23m.
FWD Philippines taps Lau for CEO post in June succession
Lau has been with FWD since 2016.
APAC insurance CROs lag peers on operational risk preparedness
Cybersecurity remains the leading risk in the region, cited by 62% of APAC CROs.
Indonesian association launches 2025–2030 roadmap to strengthen farm insurance
It aims to establish a sustainable ecosystem in support of national food security.
Japan’s top four insurers grow profit 60% in fiscal 2024
However, these insurers expect earnings for fiscal 2025 to ease slightly.
Taiwan life insurers double premium income on spillover-effect plans
As of Q1 2025, the FSC has approved or registered 251 such products.
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