News
GIFT City insurance market jumps 11-fold in 5 years
GIFT City insurance market jumps 11-fold in 5 years
Premium volume rose from $102m in 2020 to more than $1.2b by 2025.
Allianz Singapore offers up to $46,800 in scam protection
Two tier structure allows multiple shopping related claims under higher coverage level.
How 1 April renewals pushed Japan cat rates down 16%
Howden Re said another year of low catastrophe losses helped drive the decline.
Nine in 10 Malaysians delay care despite insurance support
Over half also report difficulty booking or managing consultations through digital channels.
Cyber insurance trails as only 10% of SMEs buy cover
Amongst the worst attacks, average losses in the top 10% of events topped $28m in 2024.
PNB MetLife launches index fund as 230m Indians face retirement
New pension plan tracks 50 dividend-paying firms to combat ageing crisis.
APAC disaster risks push parametric market to $23b this year
Regional vulnerability to hurricanes and earthquakes accelerates fastest global growth rates.
Singlife updates Shield Plan riders to boost healthcare affordability
Product enhancements respond to specific demographic shifts in long-term care.
Coface appoints Carmen Chow to lead Hong Kong commercial strategy
Former CGS Japanese Solutions head takes over regional performance goals.
AIA launches ProsperLife as mortality gap hits HK$1.9m per adult
New policy targets working adults facing severe financial strain from unexpected death.
Prudential slashes medical rider premiums by 55% amidst MOH shift
New PRUExtra Care series replaces old suite to meet 2025 mandate.
CTF Life partners with HKMC to expand reverse mortgage access
Collaboration targets seniors needing immediate cash from residential property equity.
Hong Kong regulator tightens oversight after complaints jump 19.9%
Authorities also issued guidance covering promotions on online platforms.
Why 47% of insurers see competition forcing finance change
Regulatory shifts, consumer demands and expansion plans also ranked amongst the top pressures.
South Korean insurers post 14.5% profit drop in 2025
Total premium income reached $179b across life and non-life segments.
Generali taps Rao to run India P&C business
The change takes effect on 1 April, with the veteran bringing 35 years of sector experience.
PICC profit rises 26% but growth set to ease
Net income is forecast to reach about HK$39.4b in 2026 from HK$36.0b in 2025.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
