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Insurance consolidation forces brokers to upgrade technology
Insurance consolidation forces brokers to upgrade technology
Deal activity climbed through 2022, then stayed steady afterward—setting a tougher baseline.
China adds 114 drugs to national medical insurance list
The country’s commercial insurance innovative drug list now has 19 medications.
Motor premiums to shift as Policybazaar ditches flat-rate pricing
The premiums will be based on one’s driving patterns.
Fitch flags 2026 profit easing for global reinsurers
Capital from traditional and alternative sources continues to exceed demand.
HDI Global opens Seoul office, names Korea market lead
The market lead has 25 years of experience in the local insurance market.
Vietnam mandates 100% payouts for near-poor, 75+ seniors
Reimbursement rates for near-poor cardholders will increase to 100%.
Willis reshuffles Asia specialty leadership with 4 appointments
One of the appointees will focus on a business in Hong Kong and Macau.
Can reforms offset Thailand non-life catastrophe exposure?
It aims to strengthen underwriting and resilience.
Allianz deploys AI agents for motor, health claims
Allianz said this is aimed at reducing manual work, speeding up first payments.
Korea commercial insurance competition drives premiums lower in Q3
Underwriting remains generally flexible, although insurers are more cautious.
India insurance market to rank sixth globally
The government is also moving towards allowing 100% foreign ownership in insurance.
APRA executive director Beverley-Smith resigns for regulated entity role
The regulator said it will begin the process to appoint a permanent replacement.
Bangladesh regulator scraps non-life insurance agent licensing
Insurers will no longer be allowed to engage individual agents.
Allianz sells 23% Bajaj JV stake for $2.5b.
The insurer also expects $1.3b IFRS gain in Q1 2026.
Sun Life names Moreno Philippines CEO
Moreno joined Sun Life in May 2025.
CTF Life rolls out expanded direct billing, Mainland doctor referral service
The billing covers 23 hospitals, whilst the referral enables customers to not pay upfront.
71% of Asia’s youth prioritise financial planning: Study
They cite financial security as their top life concern.
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
