News
Taiwan drives higher reinsurance prices after 2024 earthquake losses
Taiwan drives higher reinsurance prices after 2024 earthquake losses
Despite the loss activity, capacity remained strong.
Aon launches specialist claims unit to boost insurer’s profitability
The business will be led by global co-heads Veronica Judice and David Griffiths.
Insurers urged to ease healthcare costs in Asia, study shows
In Indonesia, 93% of patients reported postponing treatment.
IRDAI urges insurers to pass GST relief fully to customers
The Chairperson urged insurers to develop products for different population groups.
HKIA welcomes policy address with marine risk pool opportunity
The regulator said it will create new bussiness opportunities.
Insurance helps de-risk climate projects as $6t investment needed: WTW
Credit and political risk cover are helping banks finance renewable and transition projects.
Insurance outsourcing market set for 7.1% CAGR growth
Asia-Pacific is projected to record the fastest growth.
COSCO SHIPPING Captive Insurance outlook stable with strong capital base
The company plans to maintain a fixed-income focused portfolio.
Singlife partners Circles Group to widen SME insurance options
It also offers round-the-clock incident response support.
Sumitomo Life issues $1.2b subordinated notes listed in Singapore
The 5.875% step-up callable subordinated notes are due in 2055.
Hotai Insurance outlook steady with capital buffers and parent support
Net profit reached $62.7m (NT$1.9b) in 2024.
Bupa Hong Kong names Albert Fung as director of group business & partnerships
He will lead the channel services new business team, amongst other roles.
Reinsurance capital expected to rise 8% through 2025: Gallagher Re
Reinsurers will also maintain strong profitability this year.
AIA Hong Kong boosts insurance plans with Concord Healthcare access
It is part of their employee well-being programme.
Tata AIA launches index funds on India’s top 500 firms
Both funds are open for subscription at ₹10 per unit until 22 September.
Why Australians rely on reviews when picking a health insurer
Younger Australians are the most active in checking reviews.
COVID-19 insurance market forecast to grow at 6.5% CAGR
Looking ahead, the market is forecast to reach $62.35b by 2029.