News
Australia’s life insurance market set to hit $19.8b by 2029
Australia’s life insurance market set to hit $19.8b by 2029
Medical inflation remains one of the biggest drivers of rising claims costs.
Soaring insurance costs signal pressure on 2026 premiums in Singapore
Healthcare inflation rose to 4.0% year on year, up from 1.4% in September.
Remote job demand in Singapore insurance rises 15.3%
However, the overall job postings growth was offset by declines from the insurance sector.
Only 27% of next gen willing to lead family firms, legacy planning lags
The lack of structured succession planning leaves many businesses exposed.
Will regulatory shifts shape NZ non-life insurers’ outlook?
New regulatory requirements continue to raise costs for insurers.
Labuan Re cuts processing time and boosts system performance
The new platform cut batch job processing times by up to 80%.
Marine specialist with 13 years’ experience takes Asia underwriting lead
Tjornelund reports to Shah, CEO of Wholesale Markets Asia, QBE.
Fujitsu launches Japan-tailored SAP Fioneer insurance platform
It covers core operations including product, policy, and claims management.
Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors
RHB said the product is designed for customers aged 40 to 70.
Clyde & Co names Patrick Peng to lead China corporate
Peng joins from the Hong Kong Insurance Authority.
Veteran with 20 years’ experience named Labuan IBFC CEO
His priorities include expanding engagement with regulators and industry players.
Chinese insurers expand digital solutions to customise coverage
Underwriting remains disciplined and selective as insurers prioritise achieving profitability.
Insurers in Singapore show more anxiety to threats than global average: study
They are concerned with rising cybercrimes, AI risks, and macroeconomic uncertainty.
Manulife to sell MVI Life to Japan’s Asahi Life
Asahi Life, Japan’s second oldest life insurer, seeks to expand its presence in Vietnam.
AUB Group ends takeover talks as consortium withdraws offer
The consortium backed out of its A$45 per share binding proposal.
Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire
It may trigger premium adjustments or stricter terms and conditions.
AIA China poised for double-digit new business growth through 2030
New geographies will be its core growth engines, says UOB Kay Hian.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness