News

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.

India builds $1.4b maritime insurance pool to cut foreign reliance

The scheme will cover hull cargo liability and war risks for Indian linked vessels.

High insurance costs limit Arctic shipping to niche cargo

Routes can cut sailing distance by up to 40% between Asia and Europe or North America.

Underinsurance leaves APAC economies to absorb $69b losses

At least 15 events each caused damage exceeding $1b across the region.

India expands Russian insurers to secure oil shipping cover

The approvals raise the total number of authorised providers to 11 for marine risk protection.

Cover Genius pushes travel insurance into Tongcheng bookings

Customers in Malaysia and the Philippines can now access protection during checkout.

Finance sector cements dominance over Philippines ICT market

GlobalData says the sector will hold the top end use position through 2029.

Taiwan’s foreign-currency insurance sales jump 30% to $13.4b

Traditional policies generated about 83% of new premium revenue in 2025.

Disaster risks strain public-private insurance models globally

Report reviewed 14 programmes and found rising liabilities and weak incentives.

India health insurers hit policyholders with 50% to 200% hikes

More than 7 in 10 respondents said costs climbed sharply between 2022 and 2025.

Manulife pushes annuity plan to counter retirement risks

GoldenStart includes additional payouts triggered by diagnosis before age 80.

Asia-Pacific absorbs $180 billion in uninsured catastrophe losses

Uninsured disaster losses highlight low coverage and rising economic exposure.

China insurance covers 95% as fraud probes hit 1,626 institutions

Authorities inspected 124700 providers using tracking codes to enforce compliance.