News
Singapore insurers face rising claims with medical costs set to climb
Singapore insurers face rising claims with medical costs set to climb
57% of insurers expect further increases in medical cost over the next three years.
Willis strengthens Asia cyber team with Keating and Grijalva roles
Keating will be based in Singapore, whilst Grijalva in Hong Kong.
Chubb boosts embedded insurance with AI engine for digital partners
It helps improve customer engagement and boost conversion by matching protection products.
Ping An strengthens insurance plus rehab model with new facility
The facility is linked to Ping An Health Insurance’s direct payment system.
How did Philippine insurers perform in Q3 2025?
Insurance penetration climbed to 1.85% in Q3 2025.
Why 4.5 million Australians skip insurance claims over premiums
The most commonly skipped claims were for home and car insurance.
Philippines launches parametric insurance for small fishers
The insurance will provide payouts of up to $100 per policy cycle.
3 in 5 Singaporeans worried they can’t afford vital medical care
There is also uncertainty over where to seek treatment adds to the problem.
Children drive surge in pollution-linked health claims in India
Pollution-related illnesses now form more than 8% of total hospitalisation claims
Chubb Life Hong Kong first to launch dementia insurance plan
The policy targets rising elderly care and caregiver support demand.
Zurich Insurance unveils APAC platform to unify sales and service
It will expand in India, Japan, and Malaysia in 2026.
Energy and power insurance to reach $10.2b by 2029
Significantly, Asia-Pacific is expected to post the fastest growth.
Insurtech funding dips slightly to $1b in third quarter 2025
Investor participation in insurtech continued to decline with only 186 active investors.
Zhibao Re boosts outlook with parental support and liquidity
AM Best expects short-term fluctuations because of the small initial capital.
Aditya Sun Life rolls out dividend yield fund
The fund enables wealth creation through 100% equity exposure in a diversified portfolio, amongst others.
Willis launches data centre practice in Asia
It named Lay See Ong as practice lead.
Zurich Insurance appoints Shao to lead claims strategy across Asia
Shao returns to Zurich from AXA XL.