News

Hong Kong’s travel and medical insurance complaints rise 33%

The Bureau recorded 857 travel and medical insurance complaints in 2025.

India non-life premiums hit $37.0b in March 2026

IRDAI figures show annual premiums rose 9.20%.

This week in insurance: Sri Lanka coverage push after cyclone, India backs maritime pool, insurtech deals

Big Singapore firms also said they have higher exposure to insurance and security-related costs.

Income Insurance hands $2.4b real estate mandate to CapitaLand Investment

It will manage Income Insurance’s Singapore assets and pursue APAC investments.

Allianz forms 50:50 insurance joint venture with Jio Financial

The venture will offer general and health protection products after regulatory clearance.

Chubb net income surges 74.3% in Q1 2026

Gross premiums written climbed to $16.6b as overseas units added momentum.

PNB MetLife pushes guaranteed income plan with fixed payouts

Optional riders for accidental death and serious illness come at additional cost.

Allianz Partners reshuffles board to drive travel growth

Phil Hoffman takes the travel post from 15 April pending regulatory clearance.

Large Singapore firms face higher insurance cost exposure

42% report heavier security-related expense pressure amidst the Middle East conflict.

4 in 5 Filipino women say caregiving role halts financial security building

Just 27% say they have enough means to support themselves beyond age 90.

MS Amlin rolls out sub-syndicate as it targets growth push

Risks written will consolidate into the existing Lloyd’s structure.

Allianz Malaysia expands EV charging as range gaps persist

The service now reaches Penang Kuantan and Johor Bahru in 2026.

India’s regulator mandates Ind AS transition for insurers

Companies must still submit updated financial data even if relief is granted.

bolttech appoints Kohei Watanabe to run Japan business

The Tokyo-based executive will oversee domestic and international operations.

Cambodian insurers post 3% premium drop in December

Total policies jumped 47% to 477,228 even as revenue weakened.