News
Willis report shows power insurers cut premiums as capacity returns
Willis report shows power insurers cut premiums as capacity returns
Appetite is strong for infrastructure projects in Indonesia, Vietnam and the Philippines.
Mine subsidence insurance market to grow 6.4% to $3.42b in 2025
The market is projected to reach $4.32b by 2029.
Geneva Association reviews insurance responses to chemical and nuclear risks
The potential losses from a major CBRN event are so large and unpredictable.
Tokio Marine & Nichido Fire Insurance to maintain growth overseas
Net premiums written rose to ¥5.1t in 2024.
Employers cut insurance benefits as costs reshape strategies across APAC
Looking ahead, 33% of organisations plan to enhance outpatient insurance.
Hong Kong says captive insurance is a tool for Belt and Road projects
Lau also said the scale of the Belt and Road Initiative brings complex risks.
YAS Insurtech and TADA launch real-time ride cover in Hong Kong
Coverage activates at the start of each trip and ends when at the destination.
Zurich Resilience launches climate spotlight in Asia Pacific rollout
The tool provides climate data and analysis.
Philippine life insurance premiums rise 12% to $3.51b in H1 2025
It was mainly driven by a 15.47% increase in variable unit-linked premiums.
Peak Re maintains strong capital with disciplined underwriting in Asia
AM Best expects Peak Re to sustain its growth in life and structured reinsurance.
Lenders’ mortgage insurance market to bag $9.85b in 2025
Asia-Pacific is projected to be the fastest-growing region through to 2029.
South Korea reinsurance market strengthens with 2025 renewal gains
Insurers are also tapping capital markets through subordinated and hybrid debt.
Ocean hull premiums grow as fleet value climbs to $1.54t
Asia-Pacific accounted for 35% of market premiums.
Cyber insurance market grows 7% to $15b in 2024
Despite softer demand and rising competition, the sector remained profitable.
bolttech and Harmony Auto launch EV insurance for BYD in Indonesia
It supports Indonesia’s goal of putting 2 million electric cars on the road by 2030.
WTW, Sompo form global partnership on Radar pricing rollout
The Japanese company said it allows them to revise premiums faster.
Prudential Singapore debuts lifetime plan with wealth transfer
Customers can choose from three indices.
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AI isn’t replacing insurance, it’s finally making it work