Insurance
MSIG Asia, RiskPoint bet on renewable energy insurance
MSIG Asia, RiskPoint bet on renewable energy insurance
The Asia-Pacific region could attract $3t of investments in power generation by 2033.
This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains
Taiwan, Singapore, and the Philippines recorded positive market growths.
Young Hong Kong travelers lack protection awareness when traveling
One-third of them say travel insurance is unnecessary.
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
How much did APAC’s cyber insurance market bag in 2024?
Guy Carpenter cautioned about evolving threats such as ransomware.
Suncorp's net profit jumps 89% in H1 2025
EPS was A$86.56.
Tokio Marine Kiln unveils new division head
He previously worked at Talbot.
Insurers need to develop new strategies amidst ‘slowbalisation’: Geneva Association
Growth opportunities have been found in political risk and renewable energy insurance.
Japanese life insurers’ premium income doubles to $159b in November
Total assets also doubled to $2.6t.
India's life insurance APE dips 0.9% in January 2025
It was influenced by policy changes in sum assured and commissions.
Sun Life's Q4 net income drops 75% amidst impairment charge
It was partially offset by favourable interest rate impacts.
Tune Protect and Collinson partner for lounge access
It’s available to customers who purchase select AirAsia travel insurance plans.
Philippines’ insurance penetration improves to 1.7%
The average insurance spending per capita, likewise, climbed to $66.2.
Guaranteed auto protection insurance market slated for 7% CAGR through 2032
Automobile industry and awareness in China are driving GAP insurance adoption.
India's non-life insurance sector up 7% YoY in January
General insurers, the largest share, also surged during the month.
How did Singapore’s life insurers fare in 2024?
The industry's growth was influenced by higher demand for annual premium products.
Prudential to potentially list India-based ICICI Pru AMC
The net proceeds will be returned to shareholders if followed through.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work