News
Aon's APAC CEO to become Global Chief Commercial Officer
Aon's APAC CEO to become Global Chief Commercial Officer
Corona has been with Aon for nearly 25 years.
ICA backs Senate's recommendations on climate risk impact on insurance premiums
Insured losses reached $2.19b between 2023 and 2024 due to four extreme weather events.
MSIG, Silversky and Stere Asia partner for pet insurance offering
Silversky Protect is underwritten by MSIG.
Aussies three times more likely to insure cars than themselves: survey
Whilst almost 80% have car insurance, only one-third hold life insurance.
bolttech partners with Thai postal service giant for motor insurance coverage
Customers can access the policies by scanning a QR code on receipts from post office transactions.
Shanta Life Insurance begins operations in Bangladesh
The country's insurance penetration remains low at 0.4%.
HDI Global reveals new head of engineering
He also brings over two decades of corporate insurance experience.
Miller appoints Guy Pierpoint to marine team
He will expand the firm's North American book of business.
20 private Indian insurers struggle with claim payouts
Only four insurers achieved a claim-paid ratio exceeding 90% in terms of the number of claims processed.
IAG acquires 90% of RACQ Insurance in $855m deal
The deal is expected to add $1.3b to IAG’s gross written premiums.
Li-Ion battery reliance impact insurers heavily, geopolitical tensions possible
A Li-Ion factory in South Korea exploded and killed 22 people last year.
India non-life premiums leap 28% in October
YTD growth in FY 2025 was subdued compared to FY 2024.
Cyber insurance premiums to hit $23b by 2026
S&P anticipates APAC to have one of the fastest growth rates.
Samsung Fire's Q3 net profit rises 13.7% YoY
Meanwhile, insurance profit dipped 7.7% YoY.
Aviation governance raises risk management stakes
These companies average a market capitalisation of $43b.
China's insurance sector to hit $1.41t by 2032
The sector was valued at $688.8b last year.
Health insurance payouts rise 30% in India
Rising healthcare costs were driven by chronic conditions.
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1. Tata AIA funds beat benchmarks with strong five-year returns 2. IndiaFirst Life signs bancassurance deal with DNS Bank 3. Why 9 in 10 APAC insurers hold stable outlooks 4. How 56% of insurers plan to boost data analytics use 5. Cost and low awareness limit health and life insurance uptakeResource Center
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AI isn’t replacing insurance, it’s finally making it work