News

Tokio Marine sells Mitsubishi stake in $1.34b buyback

The shares will be sold at $15.65 each.
20 hours ago

Public Accounts Committee investigates rising health premiums in closed sessions

Beginning 1 May, private clinics and hospitals will be required to display their prices.
20 hours ago

Malaysian Re report calls for healthcare finance reform

The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
20 hours ago

Insurance Brokers Association of India unveils new President

He takes over from outgoing President Sumit Bohra.
20 hours ago

Pacific’s capital strength stable despite reinsurance reliance: AM Best

It’s net underwriting growth is expected to stay elevated in the medium term.
23 hours ago

Zhongyuan Agricultural Insurance profits from cost controls: Fitch

It’s capital position is projected to remain resilient over the next 2 to 3 years.
23 hours ago

Insurance customers are cautious about AI’s decision-making role

Although, 7 in 10 consumers think AI can significantly reduce waiting times.
1 day ago

Asia-Pacific leads universal life market with 29.7% CAGR

Globally, it is seen to reach $280b by 2032.
1 day ago

This week in insurance: HKIA introduces caps, MS&AD merges two subsidiaries, Prudential names new regional CEO

Taiwan’s life insurance sector is set to remain volatile in 2025 due to shifting surplus components.
3 days ago

Novidea appoints new APAC and MENA sales chief

He will also continue as Co-CEO of Docomotion.
3 days ago

FWD launches Set for Life Plus amidst career uncertainty

More Filipinos are delaying traditional life choices such as marriage and parenthood.
3 days ago

Insurers seek diversification with private market assets

Whilst inflation has eased, interest rates remain elevated.
3 days ago

Chubb launches new casualty, cyber coverage for life science firms in APAC

Businesses will have access to multiple insurance lines through a single package.
3 days ago

Prudential debuts wellness support for children

The platform was introduced alongside Prudential Entrust Multi-Currency Plan.
3 days ago

MS&AD to merge Mitsui Sumitomo, Aioi Nissay Dowa by April 2027

The merged entity could equate to the Japanese insurer holding the top market share.
3 days ago