Insurance
Microinsurance to hit $98.56b in five years
Microinsurance to hit $98.56b in five years
APAC will likely be driven by increased demand in embedded insurance.
Universal life insurance market to reach $132.3b by 2033
Countries like China, India, and Japan are leading in APAC.
Parametric insurance market set to hit $51.3b by 2034
Asia-Pacific will be the fastest-growing region.
BNP Paribas sells AG Insurance stake to Ageas for $2.2b
BNP Paribas said the deal is expected to close in the second quarter of 2026.
S&P cites ongoing group backing for Sing Re’s stability
The agency noted that the guarantee only applies to reinsurance obligations.
Cost and low awareness limit health and life insurance uptake
Globally, China and India lead insurance usage.
IndiaFirst Life signs bancassurance deal with DNS Bank
This is DNS Bank’s third major tie-up in the life insurance segment.
Mitsui Sumitomo Insurance takes 12.5% stake in W. R. Berkley
MSI expects to complete its full investment in the first quarter of 2026.
Aon taps 40-year market veteran for ReSpecialty property team
He will report to Dustin Fabbian, senior broker of Aon’s property leadership team.
Uninsured subcontractor error exposes limits of marine survey contracts
An architect supplied incorrect information to the marine surveyor.
Tata AIA funds beat benchmarks with strong five-year returns
Tata AIA’s assets under management rose 20.81% year-on-year.
Howden brokers Ping An–Dhipaya pact for Thailand EV cover
It also aims to help Chinese EV brands address key overseas challenges.
Why 9 in 10 APAC insurers hold stable outlooks
Non-life insurers are likely to benefit from favourable reinsurance conditions.
Swiss Re targets $4.5b group net income for 2026
It seeks an L&H Re net income of $1.7b next year.
Aon names Ben Jones as new COO for APAC
Jones is based in Singapore.
Robust capital enables AIA to absorb volatility amidst China expansion
AIA’s capital buffer is expected to remain strong through 2027.
Portfolio remediation helps Bao Minh restore underwriting margins
Despite facing underwriting losses in 2024, its overall earnings stayed positive.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
