News

Allianz Malaysia logs 9M 2025 profit growth on rising insurance revenue

Both general and life insurance segments saw higher revenue in Q3.

Howden names Alaric Lee as chief commercial officer for Asia

Lee joins from Marsh, where he was most recently a managing director.

Manulife names Bonnie Qiu as global high net worth CEO

Rishi Srivastava also joins Manulife Asia’s senior leadership team.

Manulife hires HSBC banker for Asia CFO role

Ming Lau was most recently the CFO for HSBC Asia Pacific and the Middle East.

Aeon Bank and Zurich Malaysia extend partnership to offer Takaful plans

Customers can avail of a plan for as low as MYR5 or MYR18.

Samsung Life Insurance names Lee Seung-Ho as its new company president

He previously led the digital division at Samsung Securities.

Tokio Marine Holdings set to expand specialty offerings in US agriculture sector

The deal is expected to close in the first quarter of 2026, pending regulatory approvals.

2 in 5 Indians with disabilities lack health insurance

Despite government intervention, many persons with disability are still left out of proper coverage.

Guaranteed asset protection insurance guaranteed to reach $12b by 2033

Demand continues to rise as vehicle accidents increase and more consumers finance new and used cars. 

Nonghyup P&C maintains capital well above regulatory minimums despite pressure

AM Best said it expects it to keep its capital levels well above regulatory minimums.

China Re maintains strong capital position over short to medium term

AM Best highlighted that China Re’s investment mix has stayed largely stable.

Sompo Holdings sees better fire and casualty margins improving outlook

Morningstar now expects Sompo’s net profit to reach about ¥520b in fiscal 2026.

AIA Hong Kong & Macau launches new plan with 115 conditions for families

AIA also launched a lower-cost option covering 58 critical illnesses.

Pet insurance plan services market slated for CAGR 16.2% by 2029

Key trends shaping the market include tele-veterinary services.

Tokio Marine faces near-term pressure despite steady domestic outlook

International profit reached only 49% of the full-year plan thus far.