News
Korea P&I faces volatility risk from large claims over near term
Korea P&I faces volatility risk from large claims over near term
AM Best said the club’s small capital base leaves earnings exposed.
5 days ago
Hong Kong Insurance Authority tightens commission rules as HKMA raises pressure
Banks, financial institutions selling long-term policies face prorated pay expectations.
5 days ago
Coface appoints James Yau to lead Southeast Asia push
Yau will be based in Singapore and will start the role from 5 June 2026.
5 days ago
Allianz Partners buys nib travel insurance assets
The transaction still needs regulatory approval in Australia and New Zealand.
5 days ago
Liberty General launches cyber cover amidst system failure risks
Approved incident counsel removes retention for incident coach services.
6 days ago
Taiwan life insurers sell 363,831 spillover contracts in Q1 2026
First-year income from these products reached NT$24.32b.
6 days ago
China Life outpaces rivals with 17% inflow rise
Its Southbound inflows were highest growth amongst Chinese life insurers.
6 days ago
Cambodia premiums rise 3% as life claims jump in March
Gross cover reached $8b whilst general lines carried most insured value.
6 days ago
This week in insurance: AI hiring jumps, TikTok enters distribution, Manulife launches India JV
Foreign workers in Vietnam working under contracts covered by state social insurance.
Hong Kong patients delay care over unclear costs
Prudential says 6 in 10 patients in Hong Kong delay treatment as out-of-pocket payments remain uncertain.
Aon operates capability centres across three Indian cities
Client-facing offices in 17 other cities serve local customers, including Mumbai and Delhi.
Philippine HMOs lift profit 40% as payouts rise in Q1 2026
Net income reached $14m in from January to March.
RHB Insurance launches AutoMax as peril gaps hit drivers
Standard comprehensive motor policies do not automatically include floods.
Taiwan life premiums climb 50% to $5b in Q1 2026
Revenue increased from $3.2b or NT$99.476b in the same period last year.
Philippines' insurance penetration hits 2.03% in Q1 2026
Insurance density increased to $20 (₱1,231.61) per person.
Sumitomo Life premiums to hit $25b in FY 2026
CreditSights said a wider investment spread is expected to support earnings.
FuSure targets double-digit premium growth to 2028
AM Best said the reinsurer showed a strong balance sheet after 2 capital injections.