Insurance
India’s mental health insurance claims rise 30% amidst growing awareness
India’s mental health insurance claims rise 30% amidst growing awareness
Most claims were for mild to moderate conditions.
Talanx Group posts $683m Q1 net income
This marks a 4.9% year-on-year (YoY) increase.
Howden selects industry veteran Pommalee for Thailand client role
His focus will include delivering insurance and risk solutions.
Zurich calls for investment in disaster prevention strategies
Hurricanes, floods, and wildfires caused $2t in economic losses over the past decade.
MSIG Asia restructures leadership to boost digital, corporate strategy
Adrian Hill has been appointed Chief Digital & Consumer Officer.
Cyber gross written premiums could double to $30b globally
The top 10 reinsurers account for 87% of the global cyber GWP.
Peak Re issues $50m catastrophe bond with Black Kite Re
This marks Peak Re’s second catastrophe bond issued in Hong Kong.
Howden appoints new managing director, head of M&A for India
She has more than 20 years of experience.
Insurance Development Forum launches open tools for climate risk understanding
IDF RMSG has also published a series of Parametric Insurance Case Studies.
Singaporean broadband provider launches coverage for hobbyists
In collaboration with HL Assurance, it is designed to cover high-value collectables.
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.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness