News

Hong Kong insurers pay $33.4m after Tai Po fire

Hong Kong insurers pay $33.4m after Tai Po fire

For life insurance, residents of Wang Fuk Court hold about 10,660 policies.

GST exemption may squeeze India’s life insurers’ FY 2026 margins

Also, recent regulatory changes are expected to have mixed effects.

Manulife Hong Kong launches two new participating savings plans

This comes as 7 in 10 Hong Kongers see financial health as important to longevity.

Heng An Standard Life adds two Barings income funds in Hong Kong

Barings said the new funds are aimed at investors seeking income whilst managing risk.

Canara HSBC Life partners Equitas SFB for bancassurance

The bank has a network of 994 branches and 365 ATMs.

Global reinsurer capital hits record $760b

In Asia-Pacific, rate cuts were close to 20% for accounts without losses.

Min Xin Insurance taps Hong Kong bancassurance, mainland inward business

Capital injections also lift AM Best’s outlook for the insurer.

Tata AIA launches two multicap ULIP equity funds

The funds are benchmarked against the Nifty 500 Index.

Can Huatai P&C accelerate commercial lines under Chubb?

S&P expects the insurer to benefit from Chubb’s expertise in underwriting, and more.

Munich Re names Eric Zhao CEO, Beijing branch

Zhao will report to Steve Zhang, CEO of Life & Health Greater China.

India non-life premiums surge 24.2% in November 2025

The growth was supported by higher premiums in health, fire, motor, and other segments.

Inka launches service for overseas Indians buying term cover

Term premiums are up to 65% cheaper when bought in India.

Why does LIA warn against treating health insurance as savings?

Instead, it provides financial protection against unforeseen medical events.

Pet accident insurance hits $1.3b in 2025

Insurers are also rolling out new tools such as AI-assisted claims processing.

Thai Life Insurance’s product shift lifts premiums but squeezes profitability

The insurer has shifted towards endowment and whole life products.

India life insurers post 23% premium growth in November

CareEdge said growth has stabilised following regulatory-driven fluctuations last year.

Why are insurers ending silent artificial intelligence coverage?

Over time, risks are expected to integrate into mainstream insurance lines as claims data improves.