News
South Korea eases retrocession paperwork as reinsurers lose direct consent
South Korea eases retrocession paperwork as reinsurers lose direct consent
Primary insurers can now obtain policyholder approval on reinsurers’ behalf.
AI surge strains insurers as 35% demand auditable compliant outputs
Governance pressure shows up with 40% calling for clear frameworks in solution use.
Cambodia insurance premiums rise 7% in October 2025 as policies surge
Total policies rose to 498,557, a 161% increase.
Taiwan insurers' profit slumps 39% to $7b by November 2025
Life carriers drove the drop whiste non life results expanded over the same period.
Japan insurance market lags as Asahi ransomware breach hits millions
Cybercrime becomes top Japan business risk as 61% fear attacks.
Thai Life’s earnings to climb 6% this year amidst higher premiums
An industry shift toward co-payment health plans could limit its market share growth.
Markel promotes Ben House as energy, power director as firm merges energy teams
House oversee the firm’s power portfolio and energy team.
Meiji Yasuda faces equity and forex risk despite stable book
AM Best points to large market-sensitive investments within a solid capital base.
Malaysian Re may face pressure as AM Best warns of softening market
Earnings were described as robust in the first half of fiscal 2026.
Prudential buys 19% of SHS for $375m to lift stake to 70%
Minority profit and equity attribution falls as the partner holding drops to 30%.
Credit, political risk insurance softens as underwriter shortage drives up costs
New entrants face rising hiring bills and heavier expense ratios in 2026.
This week in insurance: AI adoption accelerates, premium growth slows, Zurich raises bid for Beazley
Philippine-based GCash is giving away insurance coverage to borrowers of GLoan feature.
Insurance third-party admins to exceed $532b by 2029
Health plan administrators are expected to be the largest segment.
Singapore insurance stays buyer-friendly despite motor hikes
The report says prices are flat to moderately lower across most major lines.
Can Indonesian insurers sustain 20% to 40% growth targets?
The non-life insurance market slowed significantly in 2024 with GWP rising 6%.
Singapore's ECICS overhauls core insurance policies as it turns 50
It reduced maid insurance costs and rolled out no claim discount protection.
Zurich deploys 100 engineers amidst 92% surge in AI infra spending
The new practice pulls together more than 100 specialist risk engineers.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
