News
Hong Leong Assurance introduces Legacy Wealth for Malaysia’s affluent
Hong Leong Assurance introduces Legacy Wealth for Malaysia’s affluent
Malaysia’s high-net-worth population is projected to grow by 35% by 2028.
HDI Global’s 9M 2025 profit jumps to $500m
The CEO attributed the growth to new business.
Bajaj Life and Inka Insurance launch Inkapreneur for Indian founders
This aims to help entrepreneurs gain quicker and fairer access to life insurance.
ZhongAn Online P & C Insurance sustains profitability
ZhongAn also benefits from diversified, liquid investments.
Insurers lag in analytics adoption amidst constrained budgets
2 in 5 said poor data quality was named as the biggest barrier to sound decision-making.
Fubon Insurance Vietnam maintains strong capital position
Operating performance is recovering after a dip in fiscal-year 2024.
Hong Kong’s commercial insurance market stays favourable for buyers in Q3
Rates fell across most product lines, including for some less-preferred risks.
Health insurance premiums in Australia are set to rise about 4% in 2026
A premium increase in this range would add around $82.6 to $93.6 a year for singles.
HSBC Life sustains strong growth with stable outlook
S&P also expects it to continue to operate as a core subsidiary of HSBC’s APAC banking arm.
Philippines orders insurers to fast-track claims in calamity zones
The IC also told companies to ensure damage assessments are properly recorded.
China’s non-life insurance market shifts focus toward specialty lines in 2024
Motor insurance remains the largest segment at about 54% of premiums.
Swiss Re’s net income jumps 85% year-to-date
The company is on track to meet its full-year net income target of more than $4.4b.
Life insurance policy administration systems set for 13.1% CAGR
The industry will likely record $11.20b by 2029.
Manulife’s Asia unit records earnings rise in Q3 2025
Annualised premium equivalent (APE) sales rose 5% to $1.45b.
Singapore insurers face rising claims with medical costs set to climb
57% of insurers expect further increases in medical cost over the next three years.
Willis strengthens Asia cyber team with Keating and Grijalva roles
Keating will be based in Singapore, whilst Grijalva in Hong Kong.
Chubb boosts embedded insurance with AI engine for digital partners
It helps improve customer engagement and boost conversion by matching protection products.
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