Insurance
How premiums surged 42% in Taiwan’s foreign-currency market in August
How premiums surged 42% in Taiwan’s foreign-currency market in August
Investment-linked insurance products generated $1.4b during the month.
APAC insurers lag peers in risk management maturity
But AM Best ranks 60% of APAC insurers as financially strongest.
Lioner International expands Singapore base amidst growing client demand
The move is expected to accelerate its regional growth.
MAS says insurance disputes rare with most resolved by mediation
FIDReC completed an average of 246 mediation and adjudication cases.
Marine insurance rises 1.5% in 2024
This was driven by higher trade volumes and vessel values.
Driver accident insurance market to reach $9.5b by 2029
Growth will likely be supported by the wider use of telematics in insurance products.
Hang Seng Insurance maintains solid capital strength through 2027
Weighted new business sales were up 49% in the first half of 2025.
Domestic worker insurance market sees steady 7.5% growth outlook
The sector is projected to reach $5.05b by 2029.
China Pacific Insurance expects continued premium growth into 2026
New business value (NBV) grew 31% in the first nine months of the year.
How insurance markets are rewarding buyers with lower global rates
But Aon warns that volatility in property, cyber, and casualty lines remains a concern.
Tokio Marine completes $615m purchase of Ignyte’s auto business
Tokio Marine expects growth in the collector vehicle segment in the US.
Taiwan insurers bag $4b in September 2025
Life insurers saw their profit contract.
Vietnam Social Security enforces late payment fines at 0.03% daily
Within the first 10 days of each month, VSS will send written reminders to employers.
WTW expects busy renewals as aviation rates diverge in Q4
They also forecast single-digit percentage increases in rates.
What will drive Singapore’s general insurance market to bag $6.5 by 2030?
PA&H market alone is projected to make up a fourth of the sector’s total premiums.
Insurers confront privacy risks in AI fraud fight
As AI transforms fraud detection, insurers face ethics and data protection challenges.
Forrester forecasts 15% growth in cyber insurance amidst AI risks
Insurers are advised to offer tools for risk mitigation and new underwriting models.
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AI isn’t replacing insurance, it’s finally making it work