News
WTW launches Captive Fit to optimise captive risk management
WTW launches Captive Fit to optimise captive risk management
It is designed to manage reserve, premium, and investment risks.
Variable life insurance set to hit $149.7b market size by 2034
Asia-Pacific had the largest share in 2024.
Insurance industry eyes automation to control rising expenses: CB Insights
This could help slow premium increases and make coverage more accessible.
Asia-Pacific disability insurance market to grow 13.5% yearly
It will likely be driven by rising awareness of income protection products.
Hong Kong life insurers’ revenue climbs 33.7% YoY in H1 2025
Total claims and benefits paid during the period stood at $25b.
CTF Life expands hospital network with 3 major Hong Kong partners
The hospital joined CTF Life’s PrimeChamp Doctor Network.
AXA Tianping Property & Casualty Insurance to return to profit by 2026
Gross premiums written are forecast to grow by 7% to 10% yearly through 2027.
MoneyHero boosts insurance reach with WhatsApp SaverBot
MoneyHero plans to expand its conversational AI to travel insurance.
BOCG Insurance expected to sustain strong growth and capital base
But it noted that its large holdings in associated companies add some risk.
Sompo and Collinson extend travel delay service across Asia
The service allows travellers to access over 1,800 airport lounges.
Allianz Commercial unveils new Board structure from January 2026
It also named Christian Sandric president for Asia-Pacific.
BOC Life new policy premiums rise 34% to $1.91b in H1 2025
The insurer’s renminbi insurance business recorded a market share exceeding 50%.
Swiss Re Life & Health to pause new business in Australia
The move comes amidst growing concern over rising TPD claims.
PDIC, Philippine central bank sign revised agreement to enhance bank oversight
The agency said this will give depositors “renewed assurance.”
HSBC Life records 17.6% share in Q2’25 new business premiums
The CEO attributed the results to steady demand for savings and wealth management.
WTW reports faster softening in Asia insurance market
WTW expects soft market conditions to persist through late 2025.
This week in insurance: Global disaster losses hit $114b, new HK claims hub launches, and Sun Life names new Asia bancassurance chief
Also, two platforms launch Hong Kong injury claims hub.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness