News

Chubb net income surges 74.3% in Q1 2026

Chubb net income surges 74.3% in Q1 2026

Gross premiums written climbed to $16.6b as overseas units added momentum.

PNB MetLife pushes guaranteed income plan with fixed payouts

Optional riders for accidental death and serious illness come at additional cost.

Allianz Partners reshuffles board to drive travel growth

Phil Hoffman takes the travel post from 15 April pending regulatory clearance.

Large Singapore firms face higher insurance cost exposure

42% report heavier security-related expense pressure amidst the Middle East conflict.

4 in 5 Filipino women say caregiving role halts financial security building

Just 27% say they have enough means to support themselves beyond age 90.

MS Amlin rolls out sub-syndicate as it targets growth push

Risks written will consolidate into the existing Lloyd’s structure.

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.