News

Allianz Malaysia adds 25% cover to push policy sales

Allianz Malaysia adds 25% cover to push policy sales

Shield Plus users aged 40 and below qualify for the enhanced principal sum insured.

Singapore health premiums jump 14.8% in February

The increase reflects a long-term repricing cycle rather than seasonal demand.

Markel expands APAC W&I with two underwriter hires

One appointment covers Singapore, Hong Kong, and other regional deal markets, whilst the other is based in Mumbai.

Automation threatens 43% of insurance tasks by 2030

Nearly all insurers are speeding up adoption as technology reshapes operational models.

APRA warns climate risks could leave 1 in 4 homes uninsured

The regulator assessed two severe scenarios covering weather losses and transition costs through to 2050.

HSBC Life pushes preventive care shift with new programme

It combines workplace programmes, insurance expansion, education and community initiatives.

Etiqa and AIA expand Takaful access via 6,300 agents

It allows Takaful offerings to reach both Muslim and non-Muslim customers in Singapore.

Tata AIA launches AI and mid-cap funds for ULIPs

Offer period runs from 24 to 31 March, with entry pricing set at $0.11.

CTIM stays resilient amidst reinsurance reliance risk: AM Best

It maintains a 34% share in Macau non-life backed by diversified distribution channels.

MS Amlin profit jumps 50.2% in 2025

Underwriting gains reached $350m as catastrophe events tested insurers across regions.

Hong Kong insurance C-Suite pay hits $3m as affluent client focus drives 2026 hiring

Hays 2026 data shows Risk and Compliance chiefs hit record pay as insurers target wealthy clients.

Willis and Circle Asia launch new art insurance facility

It is also positioned to support one-off exhibitions and one-off transit coverage.

Sun Hung Kai Properties Insurance ‘okay’ despite lower 2025 profit: AM Best

It has been reducing high-risk investment exposure and has a strong liquidity position.

GrabInsure rolls out insurance for SG private-hire vehicle drivers

It offers coverage for booking cancellations and vomits.

AIA hits $7.14b profit, triggers $1.7b buy-back as Asian demand surges

Group CEO Lee Yuan Siong reported a 12% per-share profit growth driven by Asia’s demand for savings.

Reuben Lee joins QBE to launch transactional liability practice in Asia

Lee will focus on growth and risk management in the M&A insurance space.