News
ICIEC signs revised MOU with NEXI on blended finance
ICIEC signs revised MOU with NEXI on blended finance
It aims to strengthen investment flows into ICIEC’s 50 member countries.
AIA net profit falls 23.5% in H1 2025
The insurer also reported a 14% YoY increase in value of new business.
Howden Pacific says 70% of Australian businesses underinsured
The issue is particularly severe amongst small and medium-sized enterprises.
Thai life insurance industry grows 4.87% to $10b in H1 2025
New business premiums rose 7.38%.
Allianz Trade appoints Tetsushi Kitano as Thailand country manager
Kitano has been with the trade credit insurer for more than 17 years.
Sumitomo Life reports $5b premium income in Q1 2025
New business annualised premiums rose 18.4%.
Marine insurers urged to tackle modern slavery risks: IUMI
Modern slavery affects an estimated 28 million people.
ARPC achieves 99% positive rating on insurer relationships in survey
Insurer feedback highlighted ARPC’s strengths in open engagement.
HKIA launches AI cohort programme with seven insurers
A survey of more than 110 insurers showed 20% already have AI adoption strategies.
HDI Global reports 8% revenue rise in H1 2025
HDI Global contributed $317.8m to Talanx Group’s net income.
FWD Hong Kong introduces One&All insurance plan with tiered benefits
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation.
Swiss Re takes first place in list of IFRS 17 reporters: AM Best
The reinsurer reported $36.2b of reinsurance revenue at end-2024.
Bupa Hong Kong introduces Blua Health Pass to expand affordable coverage
Customers can access discounted rates of up to 67% across 380 service points.
CFC launches Connect portal for cyber insurance in New Zealand
The portal also lets brokers adjust limits and deductibles without underwriter input.
Business travel accident insurance market to hit $26b by 2033
This represents a compound annual growth rate of 23.3%.
Actuaries Institute backs APRA review of annuity capital rules
The Institute’s submission called for a more principles-based approach.
Dental insurance market forecasted 9.3% annual growth through 2034
Employers are also expanding coverage to reduce out-of-pocket costs.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness