News
Zurich Insurance Group outlook steady: AM Best
Zurich Insurance Group outlook steady: AM Best
AM Best also expects Zurich’s financial leverage to remain stable.
Coverage shortfalls leave Singaporeans vulnerable to care costs
Singlife warns of financial gaps as an ageing population drives urgent need for awareness.
Employer’s liability insurance market slated for $45b by 2029
Rising litigation costs for employers have also contributed to the demand.
Reinsurance market softens after post-2021 hard cycle peak
The report noted that the industry is currently oversupplied with capital.
Dai-ichi Life Holdings’ balance sheet “very strong”: AM Best
It is said to have a strong operating performance and appropriate risk management.
DB Insurance’s Fortegra deal won’t affect balance sheet
The acquisition is expected to deliver profit contributions worth over 20% of overseas premiums.
Aon names Anshuman Srivastava as reinsurance global chief broking officer
He is tasked with continuing to work with reinsurers to deliver Aon’s products.
Hong Kong IA flags poor calibration in insurers’ recommendation engines
The IA also advised insurers to base rule settings on historical case data.
PROPEL with Singlife onboards 1,300 advisers within nine months
The platform is receiving more enquiries and onboarding new clients.
Singlife partners Fullerton to expand investment offerings on GROW
GROW will serve as a key wealth platform for Fullerton’s investment solutions.
Insurance regulators in Asia and Europe ease rules to aid growth
Australia and China are at the forefront of changes in Q3 2025.
1 in 2 Australians seeking mental health care has no private insurance
Younger Australians are most impacted, says Money.com.au.
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.