News
Employers in Asia see budgets strained as insurers tighten coverage
Employers in Asia see budgets strained as insurers tighten coverage
63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.
Zurich Insurance posts 8% rise in P&C premiums to $38.9b in 9M 2025
Policy count rose by 103,000 over the past six months.
Oona Insurance partners with Tesla on free Model Y coverage
They will offer 12 months of coverage supported by Oona’s digital claims service.
Igloo reports faster claims and higher sales with AI adoption
Claims response times have fallen from up to three days to one minute.
China Taiping Insurance SG unveils two universal life plans for HNWIs
The indexed account will have returns linked to the performance of two indices.
BIS study highlights offshore reinsurance exposure in insurers’ models
Private markets and proprietary models reduce transparency.
Swiss Re highlights $26b insurance potential from clean energy
Global renewable energy capacity will almost double to 8.5 terawatts by 2030.
Vietnam revises unemployment contributions for persons with disability, laid-off
Those who hire persons with disabilities will receive a UI premium reduction up to 12 months.
How premiums surged 42% in Taiwan’s foreign-currency market in August
Investment-linked insurance products generated $1.4b during the month.
Lioner International expands Singapore base amidst growing client demand
The move is expected to accelerate its regional growth.
MAS says insurance disputes rare with most resolved by mediation
FIDReC completed an average of 246 mediation and adjudication cases.
Marine insurance rises 1.5% in 2024
This was driven by higher trade volumes and vessel values.
Driver accident insurance market to reach $9.5b by 2029
Growth will likely be supported by the wider use of telematics in insurance products.
Hang Seng Insurance maintains solid capital strength through 2027
Weighted new business sales were up 49% in the first half of 2025.
Domestic worker insurance market sees steady 7.5% growth outlook
The sector is projected to reach $5.05b by 2029.
China Pacific Insurance expects continued premium growth into 2026
New business value (NBV) grew 31% in the first nine months of the year.
Tokio Marine completes $615m purchase of Ignyte’s auto business
Tokio Marine expects growth in the collector vehicle segment in the US.
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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