News

Critical illness insurance market to hit $295b by 2032

Critical illness insurance market to hit $295b by 2032

The region is likely to see significant expansion, driven by population growth.
28 minutes ago

Airline insurance market to stay soft in early 2025: WTW

Excess capacity drove rates downward throughout the year despite efforts to tame this.
58 minutes ago

Digit Insurance launches AQI-based policy for Delhi workers

Claims are triggered if the Air Quality Index surpasses 400 more than twice.
1 hour ago

Markel appoints new marine hull and war lead in Singapore

He joins the company after nearly two decades with MS First Capital Insurance.
20 hours ago

What challenges Asian women's financial readiness?

Healthcare costs are a significant barrier to financial security.
20 hours ago

How financially prepared are Gen Alpha parents in Hong Kong?

Only 33% have concrete financial plans, whilst 18% have not started planning at all.
21 hours ago

Pension assets hit $58.5t, up 4.9% in 2024

Australia eyes second-largest pension market spot by 2030.
21 hours ago

Travel insurance woes rise amongst New Zealanders amidst global tensions

Prompting 73% of individuals to take out insurance.
21 hours ago

Asei battles weak underwriting, high reserves in 2024: Fitch Ratings

Underwriting performance deteriorated, with combined ratio surging to 187% in ‘24.
21 hours ago

Thai insurers tighten underwriting for flood-prone areas

Political uncertainty is also limiting near-term growth.
1 day ago

Great Eastern reduces stake in Boost Holdings

This was a result of an increase in BHSB's issued and paid-up share capital.
1 day ago

Cyber insurance expansion challenged by exposure limits

Industry insiders cited risk assessment as the biggest concern.
1 day ago

InsuranceDekho boosts agent network by 92% in 2024

It also aims to expand its footprint to six lakh villages.
1 day ago

Tokio Marine & Nichido Fire underwriting profits to improve amidst rate hikes

Fitch expects premium rate increases to continue driving better underwriting results.
1 day ago

6 in 10 Australians willing to spend more on protection against disasters

RAA CEO warned extreme events are driving up insurance costs. 
1 day ago

APRA withdraws cloud outsourcing paper

It will be replaced with a new standard which introduces formal supervisory oversight.
1 day ago