News
Asia's insurtech funding totals $22m across 10 deals in Q2 2025
Asia's insurtech funding totals $22m across 10 deals in Q2 2025
The region accounts for 16% of the world’s total insurtech funding.
Markel Insurance names Tim Wills head of Marine in Australia
This marks the company’s first expansion in Australia beyond the long-tail lines.
Japan's pension index sees 4.7% gain in Q2 2025
It’s increase in Q2 was thanks to equities delivering strong domestic and international returns.
China covers 1.07 billion people with basic old-age insurance in 2024
China’s population aged 60 and above reached 310.3 million last year.
HSBC upgrades three products for HNW clients
The company said the updated offerings are designed to support long-term financial protection, amongst others.
Insurance fraud detection market to hit $28.1b by 2031
Claims fraud detection is forecast to grow at the highest rate of 26.8%.
Manulife earnings growth seen continuing on Asia, wealth units: Morningstar
Net earned premiums are projected to grow 3.9% in 2026.
Transamerica Life Bermuda launches indexed universal life in Hong Kong
It offers features including a volatility-controlled VC Uncapped Index Account.
Hong Kong IA to Proceed with Public Disclosure Rules for Insurers from 2026
The new rules apply to both local and overseas insurers with a Hong Kong branch.
Vietnam passes law cutting jobless insurance for firms hiring disabled
The law sets the contribution ceiling at 1% of monthly salary.
Taiwan life insurers see 6% drop in spillover policy sales
First-year premium income from these products reached $657.2m.
FWD Life rolls out Wealth+ plan for high-net-worth clients in the Philippines
It also provides guaranteed life coverage up to age 100.
AIG posts Q2 2025 profit of $1.1b on stronger underwriting results
Net premiums written (NPW) totalled $6.9b.
This week in insurance: Taiwan backs digital insurers, India eyes parametric cover, Tokio Marine teams with Salesforce
It also saw significant catastrophe losses and HNW and investment-linked product launches.
Tokio Marine eyes AI-adoption boost with partnership
It signed a partnership agreement with Salesforce Japan.
China boosts medical insurance spending on innovative drugs in plan
Spending on these newly negotiated drugs was 3.9 times higher in 2024 than in 2020.
Tokio Marine Holdings’ net income bags $3b Q1 2025
Net premiums written grew 4% year-on-year.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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