News
Why Australians stay loyal to health insurers for 10 years on average
Why Australians stay loyal to health insurers for 10 years on average
Nearly half of policyholders have never switched health insurers.
Tokio Marine leads initiative to boost Japan’s offshore wind
Japan aims to reach 30GW to 45GW of offshore wind capacity by 2040.
Marsh McLennan to rebrand as Marsh in 2026 with new tech unit
The firm’s four main businesses will adopt the Marsh brand beginning in 2027.
QBE Re appoints Cindy Foo as head of Asia treaty unit in Singapore
Foo has more than 20 years of experience in the reinsurance industry.
Commercial pension insurance market to hit $1.28t by 2029
Growth is driven by expanding gig and self-employed workforce.
Why insurers are trusted more than governments to manage future global risks
59% say their country is fragmented.
IRDAI issues new 2025 framework to tighten fraud monitoring rules
Insurers must implement a board-approved Anti-Fraud Policy.
Insurers plan for leaner 2026 as pricing momentum eases
The property and casualty segment is expected to see a moderation in growth.
Markel names Tom Hillier as CUO for international operations
Roles of Wholesale and National Markets managing directors will be removed.
Chubb Life NZ names James Dunbar as South Island partnership lead
He joined the company in September.
Why Australians rate EVs as pricier to insure despite similar costs
Youi’s data shows that EV insurance costs can be comparable to petrol vehicles.
Jefferies expects Prudential to extend growth in second half
At mid-2025, Prudential’s annual premium equivalent (APE) grew 13%.
Singlife partners Salesforce to launch AI agent for service staff
It allows staff to access information instantly.
Moody’s expects steadier ZhongAn profits as tech losses narrow
Losses in its non-insurance businesses narrowed to $5.34m.
Private mortgage insurance market projected to rise to $9.7b by 2029
The market is slated for a 9.5% growth this year.
Insurers set tougher terms as ransomware containment improves 33%
Adoption in Asia-Pacific is slightly higher at 38%, with China leading at around 50%.
Corporate life insurance market set for $1.28t by 2029
This represents a compound annual growth rate (CAGR) of 7.1%.
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Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness