News

Income Insurance to maintain strong market position: S&P

However, upcoming accounting changes and business expansion may pose risks.

Insurers brace for volatile earnings in 2025

Reinsurance demand during the renewals was fueled by volatile loss experiences.

Zurich, ComfortDelGro unveil exclusive travel insurance

The insurance will be available through ComfortDelGro’s ride-hailing app.

Talanx to conclude partnership with Meiji Yasuda Life by 2025

Talanx can acquire Meiji Yasuda’s shares in two Polish subsidiaries.

Philippine medical costs projected to rise 18.3% in 2025

This was correlated to the rise in the state insurers' claims and benefits paid.

Bupa Hong Kong, Mannings team up to launch PharmaCare Programme

All dispensed medications are covered by cashless services for eligible members. 

Reinsurers boost capacity, appetite grows 10% to 15%

Non-loss-impacted property catastrophe renewals saw risk-adjusted rate reductions of 5% to 15%.

New Singlife shared services hub to support financial adviser

Over 230 advisers across seven financial advisory firms have joined the platform.

Bupa Hong Kong names new head of health

He has nearly two decades of experience in the insurance industry.

Etiqa, Maybank launch Singapore's first Takaful in 10 years

The plan combines ethical investment options with flexible wealth accumulation.

OCBC Hong Kong sells 33% stake in Hong Kong Life

Yue Xiu Enterprises (Holdings) bought the stake from the bank.

Cathay Life boosts 9M 2024 net profit to $2.06b

The value of new business (VNB) increased 20% to $740m.

Usage-based insurance market poised to hit $286b by 2032

The Asia-Pacific region is emerging as a key growth driver.

Fukoku Life’s annualised premiums jump 13% YoY in H1 2024

Fukoku Life demonstrated solid growth in 1H24, according to CreditSights.