News
Asian construction insurers impose tighter catastrophe limits
And underwriting decisions rely heavily on detailed risk assessments, mitigation strategies.
Australian firms expect financial crime surge in 2025
Only a fourth of firms admitted their programmes are adequately equipped.
KBFG China seen to keep consistent underwriting performance: AM Best
KBFG China’s operating performance is also expected to remain stable.
Chinese insurers may risk AI pitfalls with DeepSeek rollout
Insurers that fail to comply may face penalties.
Manulife unveils IUL product tied to S&P 500 returns
Over half of HNWIs said they prioritise customisable payout features
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
Prudential adopts NFC tech for faster client onboarding
The e-KYC will be integrated into PRUSubmit.
Financial crime threats to rise in 2025, Kroll report warns
One of the primary drivers is the rapid advancement of AI.
APAC gadget insurance market to grow 17.4% yearly until 2031
Worldwide, the segmet is seen to bag $194b in six years.
Lockton announces new head of marine, energy
She joins Lockton with 13 years of experience from Howden Malaysia.
Pet insurance market set for 13% annual growth through 2033
APAC is recognised as an emerging market due to rising disposable incomes.
FuSure Reinsurance obtains Composite License from Hong Kong
The company is also exploring health, auto, pet, cybersecurity, and liability insurance.
Insurance-linked securities hits record size with robust investor returns
End-2024, capacity in the 144A natural catastrophe bond market surpassed $45b.
Fubon Insurance seen to record profit rebound with stronger underwriting
Last year the insurer bagged $91m, a rebound from the net loss in 2023.
Allianz Life expands health options, boosting hospital coverage 50%
Customers can also choose between 5% or 15% co-insurance.
Singapore general insurance increases 6.3% YoY in 2024
Underwriting profit also rose by 5.6% YoY.
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1. Vietnam’s life insurance sector slated for dip this 2025 2. BFSI sector leads cyber insurance adoption at 35% to 40% share 3. Malaysia’s healthcare system faces funding, cost challenges 4. This week in insurance: Singapore's insurance sector sees market growth 5. Few Singapore SMEs have cyber insuranceResource Center
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