News
Willis names Ollie Moore as Pacific head of broking
Willis names Ollie Moore as Pacific head of broking
He has 25 years of experience working in the insurance industry.
Brunei: all foreign citizens must have private health insurance
Proof of valid insurance will have to be provided by foreigners when entering Brunei.
Dai-ichi Frontier Life inks reinsurance agreement with Brookfield Wealth
Starting October 2025, Dai-Ichi will reinsure liabilities to Brookfield’s US subsidiary.
Australia’s Rest penalised for misleading insurance comms
Rest allegedly activated insurance cover for over 2,000 members without authorization.
Japan’s general insurance industry to reach $102.6b in 2030
Increased premium rates and demand for motor insurance will help drive growth.
South Korea’s life insurance market to hit $174.4b in 2030
Rising demand for health, pension, and protection products is driving growth in 2025.
Aon names ex-BNP Paribas banker as enterprise client leader in Japan
Shinji Kuriyama brings 30 years of experience working in the financial services sector.
China unveils national catalogue for long-term care insurance services
The catalogue has 36 services items for daily life care and medical care.
South Korea’s DB Insurance to acquire The Fortegra Group
DB seeks to expand in the US and European specialty insurance markets.
Zurich partners YAS to launch rewards-based insurance for Hong Kong taxis
Eligible drivers will be provided personal accident coverage, amongst others.
T. Rowe Price unveils two retirement allocation funds for HSBC investors
The funds aim to provide monthly dividends at a fixed annual percentage rate of 6%.
Firms need to hire ‘intellectually curious’ talent to boost cyber defence
They also need to invest strategically in security and adapt culture from the top down, experts said.
Etiqa boosts claims assessment and app adoption with AI
AI is being used to analyse vocal intent, transaction history, and social media patterns.
Nippon Life rebounds to pre-pandemic profitability: Fitch Ratings
Core profit margin was at 19% in fiscal 2025.
Flood insurance market projected to reach $25.21b in 2025
Japan stands out, with more than 75% of homeowners holding flood protection.
Premium revenues from foreign-currency life insurance in Taiwan rise 35% in June
Traditional products made up the bulk of sales at $5.7b.
Korea’s insurers benefit from regulatory changes easing investment rules
Insurers are likely to focus on asset-liability management.
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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