News
Security Bank, FWD Philippines extend strategic partnership
Security Bank, FWD Philippines extend strategic partnership
The Philippines’ rising income per capita represents opportunities for expansion.
Talanx Group eyes 30% net income growth in 2027
The group raised its earnings targets to over $2.2b for 2025.
Resolution Life acquisition could add $330m to Nippon Life's profit
Fitch views the transaction as credit-positive for Nippon Life.
Global auto insurance market to hit $2.27t by 2032
However, the adoption of autonomous vehicles could dampen growth.
Australia warns of spike in theft claims amidst holiday season
Half of Aussies said they planned for 4-day vacations, leaving homes vulnerable.
China expands medical insurance drug catalogue to cover 90 rare disease
These treat conditions like hypertrophic cardiomyopathy, and intractable epilepsy.
AXA, Hong Kong Broadband Network partner for travel insurance offering
Key features include free coverage for children insured under the same policy as their parents.
Zheshang Insurance capital position under pressure: Fitch Ratings
Fitch also highlighted concerns over the insurer’s higher asset and liquidity risks.
Insurance fraud detection market to hit $31.8b by 2032
APAC demand for fraud detection tech surges.
ICA to consult on motor vehicle insurance code update
The initial draft was supposed to be released within this year.
AIA maintains strong capital position in 2024: Fitch
Thanks to a coverage ratio of 262% under the local capital summation method.
Insurers alert to higher cyclone, flood risks in Australia
The threat of tropical cyclones remains high in northern Australia.
Japan slated for 1.74% CAGR through 2028
The market also benefits from the integration of IT and analytic solutions.
AllianzGI gets greenlight to buy 2% Guomin Pension stake
It will subscribe to approximately 228 million newly issued shares.
Taiwanese insurers boost capital ahead of 2026
Major life insurers have either received equity capital injections or issued bonds.
Oil and gas drive Malaysia’s non-life insurance demand
Malaysia’s insurance sector operates under a developed regulatory framework.
Nippon Life eyes $8.2b Resolution Life buyout
If finalised, the deal would be the largest overseas acquisition by a Japanese insurer.
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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