News

Asia-Pacific insurtech market secures 16% of global funding landscape

Early-stage investments fell to a five-year low of $170.8m, globally.

Australia post strong June 2025 profit surge across life, general insurance markets

Growth in the life insurance sector was significantly higher than the general market.

Manulife Hong Kong expands hospital access to 38,000 sites in China

It also extended its Credit Service for Hospitalisation to over 800 hospitals in China.

Hong Kong Insurance Authority sets 50% cap on broker referral fees

The HKIA warned that excessive referral fees could mask commission rebates.

HDI Global names Bode as new head of reinsurance after Fischer

In her dual role, Bode will continue to report to Stefan Pasternak, CFO of HDI Global.

FWD Group’s H1 2025 bags $47m net profit

New business sales rose 38% year-on-year.

Sumitomo Life maintains stable outlook: Moody’s

Annualised net premiums of in-force policies rose 6.5% in fiscal 2024.

Insurers expect climate risk to grow in importance over 3 years

About two-thirds allocate 4% of their portfolios to sustainable assets.

ZhongAn posts $94m profit on investment gains in H1 2025

It also pencilled in gross written premiums (GWP) of $2.33b.

Japan’s Toa Re sees net income rise on underwriting improvement

It saw increased investment return from higher interest and dividend incomes.

Singlife grants counselling and coverage support pack for caregivers

The support package is worth over S$1,000, the insurer said.

MSIG Singapore to underwrite protection & indemnity risks with marine unit

Asia’s P&I segment is projected to grow by $200m by 2030.

Insurtech bolttech enters Kenyan market

It covers theft, accidental, and liquid damage

Pet insurance market slated for 15.7% CAGR through 2030

Cat ownership is making the insured segment the fastest-growing.

Allianz Ayudhya to keep adequate performance with health, commercial growth

Despite this, operations stayed profitable in early 2025.