Insurance
Sumitomo Life maintains stable outlook: Moody’s
Sumitomo Life maintains stable outlook: Moody’s
Annualised net premiums of in-force policies rose 6.5% in fiscal 2024.
Insurers expect climate risk to grow in importance over 3 years
About two-thirds allocate 4% of their portfolios to sustainable assets.
ZhongAn posts $94m profit on investment gains in H1 2025
It also pencilled in gross written premiums (GWP) of $2.33b.
Japan’s Toa Re sees net income rise on underwriting improvement
It saw increased investment return from higher interest and dividend incomes.
Insurtech bolttech enters Kenyan market
It covers theft, accidental, and liquid damage
Higher premiums loom under Hong Kong’s stricter cyber law
Insurers will play a more active role in clients’ pre-breach cybersecurity strategies.
Pet insurance market slated for 15.7% CAGR through 2030
Cat ownership is making the insured segment the fastest-growing.
Allianz Ayudhya to keep adequate performance with health, commercial growth
Despite this, operations stayed profitable in early 2025.
Commercial insurance market to grow 7.9% yearly until 2030
APAC is expected to record the fastest growth.
Why Australian parents say Gen Z least likely to contribute to insurance bills
Only 22% of parents reported that their adult dependants pay their full share.
Singapore doubles CareShield Life payout growth rate to 4% yearly
From 2030, monthly payouts for claimants will be US$628 (S$806).
IFPAS, Kaplan support 200 professionals with HNW wealth management certification
It provides a pathway to the Institute of Banking and Finance Singapore Level 2 or 3 Certification.
Sompo Holdings acquires Aspen Insurance in $3.5b all-cash deal
It is expected to close in the first half of 2026.
Prudential Hong Kong posts fourth quarter of double-digit APE growth
New Business Profit (NBP) rose 16% YoY.
Kennedys adds marine expert Iain Anderson as Singapore partner
He has been based in Singapore since 2010.
Singlife launches critical illness plan with high recurrent payouts
It covers 135 critical illness conditions at early, intermediate, and severe stages.
Philippines pilots satellite-based crop insurance with global partners
Agricultural losses from natural disasters reached ₱57.8b in 2024.
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
