Insurance
Tokio Marine GX backs new insurance for nuclear fusion risks
Tokio Marine GX backs new insurance for nuclear fusion risks
The initiative aims to ensure insurance frameworks and capacity are in place.
Canopius bolsters APAC operations with new leadership hires
Both will be based in Sydney.
Property and health lines drive Asia’s insurance growth trends
Property insurance remains a major segment in Singapore.
Why is cyber insurance the most in-demand coverage today?
27.4% believe cyber insurance will see the highest increase.
Taiwan life insurers see premiums soar despite fewer policy sales
A total of 932,074 new contracts were sold.
South Korea to subsidise malpractice insurance for high-risk doctors
The government will fund between 50% and 75% of liability insurance premiums.
Marine insurance market to stay soft for up to two years
This is likely due to sustained competition, rising capacity and increased participation.
Solar insurance market to reach $13.8b by 2034
Demand for such policies has grown amidst more frequent extreme weather events.
South Korea allows life policyholders to tap death benefits for retirement
The option will be available only to policyholders aged 55 and above.
Ping An Insurance posts 11.5% profit rise in 9M 2025
Ping An’s total retail customers increased to nearly 250 million.
Mitsui Sumitomo Insurance names Eric Schaap to lead broker ties
Schaap will report to Keisuke Ema.
PNB sells 10% stake in Canara HSBC Life
The divestment involved the sale of 9.5 crore shares.
McKinsey finds insurers lagging peers miss out on AI-led gains
AI has led to 10% to 20% improvement in new-agent success.
Insurance advisory market to reach $20.4b by 2029
SMEs are a major growth driver, the report says.
WTW launches Captive Fit to optimise captive risk management
It is designed to manage reserve, premium, and investment risks.
Variable life insurance set to hit $149.7b market size by 2034
Asia-Pacific had the largest share in 2024.
Insurance industry eyes automation to control rising expenses: CB Insights
This could help slow premium increases and make coverage more accessible.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Manulife to sell MVI Life to Japan’s Asahi Life 4. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire 5. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniorsResource Center
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AI isn’t replacing insurance, it’s finally making it work