News

Sumitomo Life premium income jumps 10.4% as core profit falls 10.6%

CreditSights links the life profit decline to higher technical reserves.

Miller agrees to buy Dubai broker Shields pending approval

Shields is regulated by the DFSA, and the transaction is slated to wrap in Q2 2026.

Meiji Yasuda grows premiums 36.3% as surplus drops 18.7%

CreditSights flags $22.0b in premiums, but net result slides to $0.6b in the same period.

Zurich Cover-More CEO exits after acquisition

The executive led AIG Travel before the business moved under new ownership in December 2024.

Claims software market doubles to $10.1b by 2033

The sector is at $5.2b today with adoption spreading across payers and administrators.

Insurance demand amongst Indians surges as weddings shift overseas

60% of insured travellers are parents and seniors boosting medical protection uptake.

Car insurance market to reach $2.13t by 2026

The sector expected to expand at a 6.05% compound annual rate through 2031.

How APAC insurers raised billions in H2 2025

S&P Global Ratings suggests MS&AD may avoid large investments for at least 2 years.

Singlife launches indexed income plan tied to five market indices

The plan is described as non participating universal life designed to provide income through indexed crediting.

WTW names Han Wei Fong Singapore country leader

He joined the firm in September 2025 and brings over 15 years in health benefits work.

Tokio Marine income rises as life premiums plunge 61.9%

Net premiums written increased 4.4% year on year to $13.4b for the quarter.

HDI Global Singapore names Haris Michaels as Eastern energy head

The appointment takes effect 1 March from the insurer Singapore branch.

Aditya Birla Sun Life Insurance wins IRDAI nod for Nifty 50-linked annuity

The plan blends guaranteed and variable income components for lifetime retirement payouts.

Sun Life posts $1.1b as competitors trail by $200m

It plans to widen its adviser network alongside stronger technology capabilities this year.