News
China’s non-life insurance market shifts focus toward specialty lines in 2024
China’s non-life insurance market shifts focus toward specialty lines in 2024
Motor insurance remains the largest segment at about 54% of premiums.
Swiss Re’s net income jumps 85% year-to-date
The company is on track to meet its full-year net income target of more than $4.4b.
Life insurance policy administration systems set for 13.1% CAGR
The industry will likely record $11.20b by 2029.
Manulife’s Asia unit records earnings rise in Q3 2025
Annualised premium equivalent (APE) sales rose 5% to $1.45b.
Singapore insurers face rising claims with medical costs set to climb
57% of insurers expect further increases in medical cost over the next three years.
Willis strengthens Asia cyber team with Keating and Grijalva roles
Keating will be based in Singapore, whilst Grijalva in Hong Kong.
Chubb boosts embedded insurance with AI engine for digital partners
It helps improve customer engagement and boost conversion by matching protection products.
Ping An strengthens insurance plus rehab model with new facility
The facility is linked to Ping An Health Insurance’s direct payment system.
How did Philippine insurers perform in Q3 2025?
Insurance penetration climbed to 1.85% in Q3 2025.
Why 4.5 million Australians skip insurance claims over premiums
The most commonly skipped claims were for home and car insurance.
Philippines launches parametric insurance for small fishers
The insurance will provide payouts of up to $100 per policy cycle.
3 in 5 Singaporeans worried they can’t afford vital medical care
There is also uncertainty over where to seek treatment adds to the problem.
Children drive surge in pollution-linked health claims in India
Pollution-related illnesses now form more than 8% of total hospitalisation claims
Chubb Life Hong Kong first to launch dementia insurance plan
The policy targets rising elderly care and caregiver support demand.
Zurich Insurance unveils APAC platform to unify sales and service
It will expand in India, Japan, and Malaysia in 2026.
Energy and power insurance to reach $10.2b by 2029
Significantly, Asia-Pacific is expected to post the fastest growth.
Insurtech funding dips slightly to $1b in third quarter 2025
Investor participation in insurtech continued to decline with only 186 active investors.
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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
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AI isn’t replacing insurance, it’s finally making it work