News

Pet accident-only insurance hits $1.5b in 2025

Looking ahead, the market is projected to reach $1.80b by 2029.

Policybazaar says online cover up to 72% cheaper

They said online home loan insurance can be cheaper over a 20-year loan tenure.

This week in insurance: New life and savings products roll out, bancassurance deals expand across Asia

An Indian insurer has also partnered with a bank to expand coverage in the market.

Cigna rolls out VitalGuard Critical Illness Plan in Hong Kong

The health plan safeguards customers with comprehensive critical illness coverage.

Prudential funds buyback with $700m from ICICI Pru AMC IPO

The 2026 buyback will comprise $500m of recurring capital returns.

HDI Global names Hiro Yamasaki Japan branch managing director

Yamasaki has held senior roles in Japan and the US.

PNB MetLife partners Shivalik Bank to expand rural coverage

Shivalik Small Finance Bank has a network of 79 branches and 136 exclusive outlets.

Reinsurance prices fall at 1.1 renewals: Howden

The declines came despite higher attachment points and tighter terms.

61% of HK adults say parents expect no financial support: survey

Hang Seng offers upgraded accounts to tackle these financial challenges.

Berkshire tops Allianz as largest insurer by assets: AM Best

Previously, Allianz held the top position by nonbanking assets for five consecutive years.

Singlife consolidates 1,200 employees into Straits View site

The insurer now occupies about 74,000 square feet across three floors.

Hong Kong insurers pay $33.4m after Tai Po fire

For life insurance, residents of Wang Fuk Court hold about 10,660 policies.

GST exemption may squeeze India’s life insurers’ FY 2026 margins

Also, recent regulatory changes are expected to have mixed effects.