Insurance
This week in insurance: Cathay platform launches, Vietnam payouts issued, Tokio Marine sets 2035 vision
This week in insurance: Cathay platform launches, Vietnam payouts issued, Tokio Marine sets 2035 vision
Shriram General Insurance also plans to expand cover in smaller towns.
HDI Global names Schulte-Schrepping liability head
He takes charge of the worldwide Liability Global Risk portfolio from 1 July.
Tokio Marine premiums to hit $45.4b by 2028
Morningstar sees total revenue rising to $57.6b as rate hikes offset higher claims.
MS&AD profit stalls after $1.5b guidance beat
FY 2025 adjusted profit reached $6.3b, helped by equity sales and lower catastrophe losses.
Tokio Marine targets $11b profit by 2035
The insurer wants to move from ninth place into the top 5 global insurance groups.
Insurers forced to rethink cover amidst Ebola, Andes hantavirus outbreak
AM Best says firms are prepared for direct costs but portfolios need fresh stress tests.
Canara HSBC Life pays $27.1m bonus to policyholders
Around 233,000 PAR policyholders active as of 31 March are eligible.
AM Best expects Ping An P&C capital to remain resilient
The insurer reported a 10.3% ROE and mid-single-digit investment yield in 2025.
Allianz Malaysia business volume rises 6.7% to $408m
Bancassurance and employee benefits also contributed to premium increase.
Hong Kong’s affluent planning lags despite wealth continuity gains
Around 80% had wills, trusts, or succession plans in place.
Sompo forecast miss hits market confidence
Morningstar still expects underlying growth after stripping out volatile disaster impacts.
Thai Life Insurance's core profit is expected to grow at 7% CAGR
Maybank raised its 2026 forecast after a strong second quarter of 2026.
Shriram General Insurance deal pushes protection into smaller towns
The customer outreach network spans 26 states and more than 13,000 pin codes.
Willis triggers payouts for Vietnam coffee farmers
The policy covered yield losses from excessive rainfall during the main harvesting period.
Manulife names Sangal and Kee to senior Asia roles
Sangal joins the Philippines executive committee as Kee prepares to succeed Graham.
Zurich APAC appoints two leaders to sharpen commercial push
Both roles are based in Singapore and cover regional commercial insurance operations.
Generali Q1 2026 net result sinks 2.2% despite premium growth
Gross written premiums rose 6.8% YoY.
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