Insurance
Indonesia’s PA&H slated for 13.4% CAGR through 2029
Indonesia’s PA&H slated for 13.4% CAGR through 2029
Growth in 2025 alone is estimated at 14.2%.
FWD Group’s new business sales rise 46% to $679m in Q1
It saw a strong growth trajectory in Hong Kong and Macau.
Hurricanes, earthquakes may raise insured losses to $300b annually
Insured natural catastrophe losses in 2025 will be about the same level as last year.
Prudential’s new business profit rise 12% to $608m in Q1
Its Singapore and Hong Kong businesses logged double-digit growth.
2 in 5 Aussies with single policies rarely claim extra covers.
Couples and family policy holders are more likely to make claims on extra covers.
Zurich, HTHK launch SIM plans with travel insurance for GBA trips
The promo is available to SoSIM users.
Thai Life Insurance may benefit from new reporting standard
Thai Life Insurance may see its earnings rise by up to 9% between FY2025 to FY2027.
WTW Construction Risk promotes Trent Williams to oversee placements
He previously served as head of Broking, Pacific for seven years.
Aon's net income contracts in Q1 2025
Diluted earnings per share also dipped 17% YoY to $4.43.
WTW’s Q1 2025 net income leaps 23% YoY
EPS was at $2.33.
Ping An Group posts 2.4% profit rise with life and health segment growth
New business value (NBV) surged 34.9%.
APAC’s commercial auto insurance set for steady 3.2% CAGR
Globally, the market is forecasted to register CAGR of 9.9%.
Manulife Hong Kong launches two critical illness products with income aid
One of the plans covers 121 critical illnesses and diseases.
SBI Life insurance pencils 27% YoY profit surge in FY 2025
New Business Premium stood at $426.92m.
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases.
AM Best says Shinkong Insurance to sustain strong profits
The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.
Asia Pacific to lead global motor insurance growth
The market is also estimated to have bagged $833.8b last year.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
