News

China Pacific Insurance expects continued premium growth into 2026

New business value (NBV) grew 31% in the first nine months of the year.

Tokio Marine completes $615m purchase of Ignyte’s auto business

Tokio Marine expects growth in the collector vehicle segment in the US.

Taiwan insurers bag $4b in September 2025

Life insurers saw their profit contract.

Vietnam Social Security enforces late payment fines at 0.03% daily

Within the first 10 days of each month, VSS will send written reminders to employers.

WTW expects busy renewals as aviation rates diverge in Q4

They also forecast single-digit percentage increases in rates.

Insurers confront privacy risks in AI fraud fight

As AI transforms fraud detection, insurers face ethics and data protection challenges.

Forrester forecasts 15% growth in cyber insurance amidst AI risks

Insurers are advised to offer tools for risk mitigation and new underwriting models.

Income Insurance partners Beecroft to launch cashless pet surgeries

Co-insurance and deductibles will still apply based on each customer’s policy terms.

AIA Group sees growth upgrade after upbeat third-quarter results

The revision reflects stronger sales in China and Malaysia.

Ping An set for solid growth through 2026 on strong NBV: Morningstar

This is backed by a 46% jump in NBV growth and stable agent headcount.

Why 1 in 5 think AI will replace human insurance agents

Over half were comfortable using AI with a human option available.

BOC Group Life set to maintain stable growth, says S&P

The insurer’s capital and earnings should remain “satisfactory” through 2027.

Prudential sees upbeat outlook as productivity and sales rise

Jefferies attributed the stronger results to improved agent hiring and training.

AIA Group posts 25% rise in Q3 2025 new business value to $1.5b

The company said this marked its highest-ever VONB for a third quarter.

FM appoints new client service manager for SEA

Kuan joined FM in 2013 as a consultant engineer.