News
2025 salary hikes expected in Singapore's insurance sector
2025 salary hikes expected in Singapore's insurance sector
Those in lower-value administrative functions may experience a more modest increase of 10%-15%.
Hong Kong’s insurance sector could see 3% to 4% salary hikes in 2025
Hong Kong is expected to maintain steady hiring activity in 2025 despite sluggish economy.
Canopius taps Olivia Brindle as head of sustainability
She will report to Lindsay Astor, chief of staff and head of strategy.
China expands basic medical insurance portfolio
The country added 91 new drugs to its medical insurance drug catalogue.
Blue Cross Insurance, Public Bank ink bancassurance agreement
The insurance products provide travel coverage and combined protection benefits.
Catastrophe bonds could boost cyber risk capacity
Cat bonds could significantly enhance risk-absorbing capacity.
New India Assurance works to tighten underwriting, risk controls
However, its balance sheet remains exposed to potential volatility.
Flood insurance market set to grow at 14.5% CAGR by 2032
The region is expanding rapidly due to urbanisation.
Australia's private health insurers record $1.07b profit in 2024
The year gathered data from 30 private health insurers.
SG's Central Provident Fund updates interest rates, Basic Healthcare Sum for 2025
BHS for members below 65 will increase from $52,929 to $55,890.
AM Best forecasts steady earnings for Starr International Insurance
Whilst investment returns remain modest, they contribute stable income.
HK warns of fake elderly medical insurance ads
It clarified that it has never published nor authorised such advertisements.
Munich Re eyes $6.3b net profit in 2025
The company expects group insurance revenue to reach $67.2b.
Tune Protect Re stabilises post-COVID with strong returns: AM Best
Its balance sheet is expected to remain solid in the medium term.
Insurers plan increased use of facultative reinsurance by 2025
Yet, over half of decision makers identified capacity as a major obstacle.
Howden Asia reels in new deputy CEO
His start date is subject to fulfilling his contractual obligations with current employer.
Vietnamese insurer cuts profit forecast after Typhoon Yagi
Bao Minh’s board proposed keeping its revenue target at $268m.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness