News
Aon reports 22% rise in APAC cyber claims in 2024
Aon reports 22% rise in APAC cyber claims in 2024
Claims involving social engineering and fraud surged 233%.
Zurich Malaysia launches AI assistant for agent support via WhatsApp
The tool is available 24/7, helping agents reduce turnaround time.
HDI Global secures Japan nod for parametric quake coverage
The initiative is in collaboration with Descartes.
Miller launches marine insurance team in Korea with four hires
KyungSeop (KS) Shim joins from Marsh Korea as head of Specialty, Korea.
HNWIs prioritise health over wealth in new Manulife study
But only 44% feel very or extremely confident that they will remain healthy.
Sun Life survey notes dip in insurance ownership claims
Only 8% of Singaporeans are planning more than 10 years ahead.
Japan’s retirees favour tax-deferred annuities for security
Only 40% were willing to convert assets into guaranteed lifetime income.
Cyber insurance market to hit $74b globally by 2033
The market was valued at $14.2b in 2024.
Agricultural insurance boosts China’s farm output by 8.99%
The impact is especially strong in China’s eastern provinces.
Term life insurance sector slated for 8.7% CAGR through 2032
Regionally, Asia-Pacific is projected to see the strongest growth by 2032.
Great Eastern to maintain capitalisation, profitability after failed privatisation
It should maintain its capitalisation even after the proposed share issuance.
Zurich China pays $19.78m in US remote control lawsuit
A six-year-old boy in the US suffered stomach injuries after swallowing a remote battery.
Bharti AXA introduces insurance plan for middle-income India
It provides life insurance protection worth up to 30 times the annual premium.
India’s life insurance premiums fall 3.1% in June 2025
The decline was mainly due to lower credit life sales.
Asia-Pacific aviation insurance to grow 8.7% through 2032
Globally, the market is projected to accumulate $7.1b by then.
Willis launches $200m cargo cover with Markel for war risk
The facility offers tailored coverage through a single policy.
Professional liability insurance is set to bag $81.2b in 7 years
APAC led the market in 2023, accounting fo 75% of total revenue.
Thought Leadership Centre
In Association with
Most Read
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
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work