News
Veteran with 20 years’ experience named Labuan IBFC CEO
Veteran with 20 years’ experience named Labuan IBFC CEO
His priorities include expanding engagement with regulators and industry players.
Chinese insurers expand digital solutions to customise coverage
Underwriting remains disciplined and selective as insurers prioritise achieving profitability.
Insurers in Singapore show more anxiety to threats than global average: study
They are concerned with rising cybercrimes, AI risks, and macroeconomic uncertainty.
Manulife to sell MVI Life to Japan’s Asahi Life
Asahi Life, Japan’s second oldest life insurer, seeks to expand its presence in Vietnam.
AUB Group ends takeover talks as consortium withdraws offer
The consortium backed out of its A$45 per share binding proposal.
Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire
It may trigger premium adjustments or stricter terms and conditions.
AIA China poised for double-digit new business growth through 2030
New geographies will be its core growth engines, says UOB Kay Hian.
Allianz Life elevates CFO Giulio Slavich to CEO
Incumbent CEO Charles Ong is retiring by the end of 2025.
Singlife, Lion Global Investors launch physical gold fund in Singapore
All gold holdings are insured and stored in vaults in the city.
Australian health insurers see record high hospital claims
A total of 453,259 high claims—or those higher than A$10,000— were paid out during the year.
Allianz may cut up to 1,800 jobs in travel insurance division: report
The job cuts will mainly affect call centres, a source said.
This week in insurance: Cbus fined $15.3m, insurers make new appointments, Tokio Marine expands agri US offerings
Manulife Asia appointed a new CFO.
APAC emerging market insurers outperform peers during volatility
But they do face constraints in scale and diversification.
Korea Re sets up shop in India with new branch in GIFT City
It obtained authorization on 6 November 2025.
Cyber insurance gaps leave APAC vulnerable to rising digital risks
Limited coverage, financial modeling, and training hinder cyber insurance adoption.
Australian superannauation fund fined $15.34m for delays
The penalty exceeds United Super's reported revenue in the 2024 financial year.
Dai-ichi Life retains stable outlook despite higher risky asset holdings
Asset quality is expected to gradually improve, Moody's said.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. HSBC says 'no decision' made in Singapore insurance review 3. Can China’s $140b motor insurance market survive a 70% loss ratio? 4. PNB MetLife launches dividend fund linked to insurance 5. Taiwan life insurers face rising risk in $32b FX mismatchResource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
