Insurance

Blue Cross premiums surge 22.1% YoY in 2024

The insurer’s non-medical business grew by 31.7%.

Insured losses to surpass $200b in 2025 as risks escalate: Geneva Association

The institutions also emphasised how P&C re/insurance can help mitigate challenges.

Allianz Partners names new head of insurer network

He joined Allianz Consulting as a senior advisor in 2023.

Mainland visitor volumes plateau as Hong Kong life insurance steadies

Tourism volume tempers optimism for a large rebound in cross-border life insurance.

Sompo names Nicholas Walsh to succeed Shea as SIH board chair

Walsh brings over 50 years of insurance industry experience.

FWD launches cross-border medical plans amidst rising demand in GBA

Nearly a third of residents have sought treatment in China.

APAC insurers brace for trade risks with strong capital buffers: S&P

Shocks will be widespread but will not be evenly distributed across the sector.

MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand

It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.

Allianz Trade taps Rodrigo Jimenez as APAC CEO

He will replace Paul Flanagan, who is retiring after 34 years.

FM unveils $1b membership credit for policyholders in 2025–2026

Policyholders with 10 to fewer than 15 years will receive 12.5%.

Fine art insurance market set to reach $838.4b by 2034

APAC is seen as the fastest-growing region.

AXA Hong Kong launches endoscopy concierge for cross-border healthcare

The plan expands coverage beyond lung and breast cancer.

Earthquake insurance market projected to reach $13.6b by 2034

This represents a compound annual growth rate of 6.0%.

HSBC’s subsidiary approved as first captive insurer in Hong Kong

The government imposed a 50% tax concession for local captive insurers.