News
Nonghyup P&C maintains capital well above regulatory minimums despite pressure
Nonghyup P&C maintains capital well above regulatory minimums despite pressure
AM Best said it expects it to keep its capital levels well above regulatory minimums.
China Re maintains strong capital position over short to medium term
AM Best highlighted that China Re’s investment mix has stayed largely stable.
Sompo Holdings sees better fire and casualty margins improving outlook
Morningstar now expects Sompo’s net profit to reach about ¥520b in fiscal 2026.
AIA Hong Kong & Macau launches new plan with 115 conditions for families
AIA also launched a lower-cost option covering 58 critical illnesses.
Pet insurance plan services market slated for CAGR 16.2% by 2029
Key trends shaping the market include tele-veterinary services.
Tokio Marine faces near-term pressure despite steady domestic outlook
International profit reached only 49% of the full-year plan thus far.
How stable is Hong Kong’s insurance market?
Hong Kong saw $13.1b (HK$100.5b) in general insurance gross premiums for 2024.
Insurance IT market posts 11.6% growth in 2025
Looking ahead, the market is projected to reach $514.5b by 2029.
This week in insurance: Asia insurers ink multiple deals, Manulife–Mahindra JV unveiled, HLA rolls out legacy product
Singlife has expanded its partnership with CIMB Singapore.
CTBC Insurance’s outlook to stay afloat amidst earnings improvement
The insurer delivered positive results in 2024 and through 9M 2025.
Tokio Marine Kiln appoints Beresford to life sciences team
She will report to Kirsten Shastri, the unit’s head.
Blue Cross launches bear coverage for travellers
Bear encounters have grown in Japan.
Tokio Marine Holdings’ H1 2025 profit bags
Net premiums written for the first half reached $17.19b.
Willis appoints Anthony Wong as head of casualty in Asia
He brings around 20 years of insurance and risk management experience.
Chubb Insurance Malaysia files IPO on Bursa with 300 million shares
Proceeds from the share sale will go entirely to Chubb INA.
Marsh expands leadership as David Jacob becomes president of Marsh Asia
Addington-Smith, currently President of Marsh Asia, will take on a new role.
Affluent individuals in Singapore boost insurance use in legacy plans
61% of Singapore’s wealthy plan to use financial assets, including life insurance.
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Awards
Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
