APAC
Life insurance policy administration systems set for 13.1% CAGR
Life insurance policy administration systems set for 13.1% CAGR
The industry will likely record $11.20b by 2029.
Manulife’s Asia unit records earnings rise in Q3 2025
Annualised premium equivalent (APE) sales rose 5% to $1.45b.
Willis strengthens Asia cyber team with Keating and Grijalva roles
Keating will be based in Singapore, whilst Grijalva in Hong Kong.
Chubb boosts embedded insurance with AI engine for digital partners
It helps improve customer engagement and boost conversion by matching protection products.
APAC insurance M&A cools with fewer Q3 deals
Despite that, Asian insurers continued to pursue overseas expansion.
Why Asia-Pacific insurance is expanding with regulatory reforms
Some markets require formal assessments, creating opportunities for industry players.
Zurich Insurance unveils APAC platform to unify sales and service
It will expand in India, Japan, and Malaysia in 2026.
Energy and power insurance to reach $10.2b by 2029
Significantly, Asia-Pacific is expected to post the fastest growth.
Insurtech funding dips slightly to $1b in third quarter 2025
Investor participation in insurtech continued to decline with only 186 active investors.
What will drive APAC’s insurance claims market to grow 16.6% annually?
AI and data analytics will catapult the global industry to bag $638.3b by 2032.
Willis launches data centre practice in Asia
It named Lay See Ong as practice lead.
Zurich Insurance appoints Shao to lead claims strategy across Asia
Shao returns to Zurich from AXA XL.
Allianz Trade appoints William Whittington to lead specialty credit
He joined the company in 2016 after starting his career at Lloyd’s of London.
Asia insurers face rising demand for claims value: Aon
Insurers are using more technology to speed up low-value and non-complex claims.
Employers in Asia see budgets strained as insurers tighten coverage
63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.
Zurich Insurance posts 8% rise in P&C premiums to $38.9b in 9M 2025
Policy count rose by 103,000 over the past six months.
Igloo reports faster claims and higher sales with AI adoption
Claims response times have fallen from up to three days to one minute.
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1. India insurance market sees moderating premium growth: Report 2. Remote job demand in Singapore insurance rises 15.3% 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