APAC
Business travel accident insurance market to hit $26b by 2033
Business travel accident insurance market to hit $26b by 2033
This represents a compound annual growth rate of 23.3%.
Dental insurance market forecasted 9.3% annual growth through 2034
Employers are also expanding coverage to reduce out-of-pocket costs.
AM Best sees reinsurance outlook supported by strong capital
The absence of significant new market entrants has helped maintain market discipline.
Only 47% of eligible clients hold cyber cover
Arctic Wolf sees cyber insurers facing higher claims in 2025.
Insurers may need to hire remotely to bridge talent gap
There is strong demand for actuaries, while underwriting faces a shortage.
This week in insurance: HNW products debut in PH, SG, HK; UOI ups tech spend; Vietnam cuts UI costs for hiring disabled
An insurer also plans to increase its tech investments by 50%.
Swiss Re’s H1 2025 profit jumps 23.8% YoY
Property and Casualty Reinsurance earned $1.2b in net income.
GlobalData says 41.9% see green insurance as essential
Meanwhile, 30.5% said such products are not essential.
Allianz Asia Pacific grows business volume 14% with strong L&H sales
Property & Casualty maintained profitability with growth in Malaysia and China.
IAG tops APAC insurance M&A rankings with $880m RAC purchase
The second-largest deal was Tian Ruixiang Holdings Ltd.’s $150m reverse merger.
Allianz Commercial flags battery overheating as key EV insurance concern
Allianz noted that 15% to 30% of EV fires are linked to charging.
Beazley profit before tax drops to $502.5m as premium growth slows
The insurer’s H1 2025 insurance service result was $493.7m.
APAC pet insurance market to grow 14.6% through 2033
Japan, for example, has seen a 30% rise in pet adoption since 2020.
Gallagher cites competitive pricing in commercial insurance
The property market remains stable despite recent floods.
Mobile phone insurance market to grow 11.8% by 2030
APAC will be the fastest-growing region.
Asia insurance market grows premiums with soft pricing trends: Aon
Japan is an exception, with challenging property and casualty conditions.
Swiss Re updates Life Guide to assess longevity drug use in applicants
The Life Guide is used by more than 800 insurers in over 100 countries.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness