News
Howden names Rebecca Poon as chief client officer for Hong Kong
Howden names Rebecca Poon as chief client officer for Hong Kong
Poon was previously managing director at Marsh Hong Kong.
AM Best says 2024 health reinsurance growth outpaces past decade
Ceded premiums rose more than 30% to $66b, the largest annual increase in 10 years.
Japan renewals show property-catastrophe rate cuts of up to 15%
Big Japanese insurers have also built stronger balance sheets due to strong profits.
Sun Life opens renovated client center in Makati with tech upgrades
It also launched three new business offices.
This week in insurance: bolttech expands, Manulife widens access, Allianz-ShopeePay roll out cover
Hong Kong sets 50% benchmark on referral fees paid by licensed insurance brokers.
Aon projects $5b reinsurance premium from emerging casualty risks
Opportunities for growth exist in legacy liability transfers, parametric solutions, and more.
Malaysia rolls out voucher scheme to boost financial inclusion amongst gig workers
It gives recipients $7.10 (RM30) to buy insurance or takaful products.
SEADRIF delivers $2m payout to Lao PDR for disaster relief
The policy triggers payouts based on the number of people impacted by disasters.
Philippines non-life insurers’ net income grows 3% YoY in H1 2025
Total net premiums written (NPW) stood at $713.3m.
Aon projects China health insurance to grow 7.4% CAGR by 2032
Telemedicine is the most adopted service.
Tune Protect partners BOXX to launch CyberSafe for global travellers
It is accessible through Tune Protect’s B2B portal.
Ping An Health sustains profit as growth slows in China
The company’s capital and surplus rose to $1.4b last year.
Reinsurers sustain stability as profits hold through 2026: S&P
Catastrophe losses reached about $80b in the first half of 2025.
Great Eastern unveils new logo and strategy
The insurer highlights digital investments and regional wealth shifts in its rebranding launch.
APAC’s flood insurance market set for 19.7% CAGR to 2032
Globally, the market is expected to expand 15.6% between 2022 and 2032.
AIA Group earnings outlook brightens as profits rise in 2025: CGS International
OPAT growth is seen to exceed AIA’s 9% to 11% guidance range next year.
Great Eastern offers self-help tool to assess protection gaps
It also allows them to compare existing coverage.
Commentary
AI isn’t replacing insurance, it’s finally making it work