Insurance
Philippines orders higher insurance for private vehicle riders
Philippines orders higher insurance for private vehicle riders
The PPAI provides up to $7.2k (₱400,000) in death benefits.
IAG secures RAC Insurance and 20-year distribution rights
The transaction is expected to complete in the first half of calendar year 2026.
Vietnam general insurance market to grow 7% annually through 2029
The sector is expected to grow 5.9% year-on-year this 2025.
This week in insurance: GAIP’s new CEO, Zurich offers takaful on Shopee, Japan's worker shortage
Hong Kong travellers also rush to buy insurance amidst safety concerns.
WTW expands Luke Ware’s duties with Asia leadership appointment
He has over two decades of experience.
Hong Kong Insurance Authority welcomes re-domicile bill passage
HKIA CEO said the legislation offers a simpler and more cost-effective pathway.
Zurich Insurance appoints Pitsikas as head of SME APAC
He will report to Sean Walker, head of Commercial Insurance.
Retirement savings insufficient for 82% of Taiwan’s prime-age workers
Healthcare costs beyond social insurance emerged as the most pressing concern.
India's life insurers report 8.4% rise in premiums for April 2025
Growth in individual non-single premium policies declined by 13.6% YoY.
Future Generali expands health insurance offering amidst medical cost surge
Over 80% are uncertain about whether their current health insurance is sufficient.
Magma General expands motor insurance reach via Toyota Tsusho tie-up
TTIBI will distribute Magma’s motor insurance products through its network of 150 dealers.
Integrated Shield Plans coverage expands to 2.98m Singaporean residents in Q1 2025
This marks an increase of 44,000 more residents.
Hong Kong travellers boost insurance uptake on personal safety concerns
Notably, the fear of losing travel documents is higher.
Singlife launches investment-linked plan with flexible premium options
Premium payments can be made via a lump-sum or over three, five, or 10 years.
87% of Singaporeans eye travel insurance purchase this year
Travellers said they want to be covered against scams or theft.
Zurich Insurance calls for stronger public-private coordination on climate risks
Extreme weather events caused ~$2t in economic losses over the past decade.
Why 9 in 10 Japanese want to purchase travel insurance this year
More than half will access travel insurance through credit card benefits.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work