Insurance
Underinsurance crisis leaves 1 in 7 Australian homes unprotected
Underinsurance crisis leaves 1 in 7 Australian homes unprotected
APRA warns coverage gaps will hit 25% by year 2050.
How can M&A offset slower insurance growth?
Scale and operational strength are becoming table stakes.
Why AI data centres outpace insurance capacity as site costs hit $20b
Reinsurance markets fail to match surging multi-billion dollar construction limits.
Hong Kong regulator tightens oversight after complaints jump 19.9%
Authorities also issued guidance covering promotions on online platforms.
Why 47% of insurers see competition forcing finance change
Regulatory shifts, consumer demands and expansion plans also ranked amongst the top pressures.
South Korean insurers post 14.5% profit drop in 2025
Total premium income reached $179b across life and non-life segments.
Generali taps Rao to run India P&C business
The change takes effect on 1 April, with the veteran bringing 35 years of sector experience.
Singapore’s finance sector hit by the second-highest job cuts rate
Employment reductions place services near the top of the industry ranking.
PICC profit rises 26% but growth set to ease
Net income is forecast to reach about HK$39.4b in 2026 from HK$36.0b in 2025.
Liberty folds APAC units into 1 licensed entity
Singapore, Hong Kong, Malaysia, and China now sit under merged underwriting structures.
Severe storms drive $60b in insured catastrophe losses
Hail events dominate payouts, accounting for up to 80% of related claims.
Pet insurance seen hitting $24b on 18% CAGR
Within services the segment is expected to represent about 0.09% of the total market.
Commercial insurance premiums to reach $1.4t in 2025
Reinsurance capital hit $760b, increasing competition across the sector.
Nan Shan profit rebound may not lift capital fast enough
Premium expansion has outpaced the industry average for 3 straight years.
China Life faces earnings drag as investment returns weaken
The insurer posted a fourth-quarter loss of $1.9b despite annual gains.
Sompo Japan outlook holds as Aspen deal raises execution risk
The agency also sees equity exposure from domestic stock holdings declining.
1 in 5 of Australians regret no insurance as premiums rise 4.41%
Average policyholders already pay about $164.2 monthly for coverage.
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
