News

China Life Insurance outlook lifted as CGS raises forecasts

CGS International expects NBV margins to improve.

Canopius Group appoints Ray Wong as APAC energy underwriter

Wong will be based in Singapore and report to Johnny Kim.

Zurich Insurance set to sustain strong earnings despite pressures

It achieved its 2023 to 2025 targets early and set new goals through 2027.

Philippines HMOs lift healthcare benefits 20% in first half 2025

The industry’s net income surged 131.12% to $0.03b.

Sompo Japan launches methane detection service with partners

JGC will offer on-site and drone-based measurements.

Aon boosts insurer communication with platform for catastrophes

It provides real-time loss estimates through Impact Forecasting’s Automated Event Response.

Singapore strengthens marine insurance with new digital platform

It will also expand marine insurance education and internships to grow local talent.

Swiss Re predicts higher claims with peak catastrophe year

AI is also set to play a bigger role for underwriting.

How did the P&C insurance market double in size in 20 years?

Swiss Re projects premiums will grow in line with GDP over the next decade.

CGS International expects Prudential to post strong growth by 2027

The insurer targets $3.4b to $4.2b in new business profit by 2027.

Insurers retain catastrophe risk as new capital enters reinsurance sector

Since 2022, about $35b of new capital has entered the sector.

Great Eastern Holdings appoints Khoo Cheng Hoe Andrew to board role

He was previously Deputy Managing Director for Corporate Development at MAS.

Reinsurance capital hits $735b amidst strong earnings

Also, 38% of global catastrophe losses in the first half of 2025 were uninsured.

AIA Group beats OPAT targets as Jefferies sees momentum building

Comes after recording a VONB growth of 18% in 2024 and 33% in 2023.

Macau Insurance maintains strength whilst pursuing Greater Bay Area plans

It aims to build on this momentum with higher premium retention in personal lines.