News
Vietnam passes law cutting jobless insurance for firms hiring disabled
Vietnam passes law cutting jobless insurance for firms hiring disabled
The law sets the contribution ceiling at 1% of monthly salary.
Taiwan life insurers see 6% drop in spillover policy sales
First-year premium income from these products reached $657.2m.
FWD Life rolls out Wealth+ plan for high-net-worth clients in the Philippines
It also provides guaranteed life coverage up to age 100.
AIG posts Q2 2025 profit of $1.1b on stronger underwriting results
Net premiums written (NPW) totalled $6.9b.
This week in insurance: Taiwan backs digital insurers, India eyes parametric cover, Tokio Marine teams with Salesforce
It also saw significant catastrophe losses and HNW and investment-linked product launches.
Tokio Marine eyes AI-adoption boost with partnership
It signed a partnership agreement with Salesforce Japan.
China boosts medical insurance spending on innovative drugs in plan
Spending on these newly negotiated drugs was 3.9 times higher in 2024 than in 2020.
Tokio Marine Holdings’ net income bags $3b Q1 2025
Net premiums written grew 4% year-on-year.
Resolution Life signs reinsurance deal with Taiju Life in Japan
The deal is intended to improve the product’s crediting rate.
Zurich in APAC sees 16% rise in operating profit for H1 2025
P&C BOP rose 24% to $180m.
China maintains 95% medical insurance coverage from 2021-2025
In 2024 alone, the number of reimbursed visits was 1.6 times higher than in 2020.
Cambodia insurance premiums hold steady at $28m in May 2025
Life insurance premiums grew, whilst general insurance contracted.
Taiwan life insurers see $5.15b in foreign-currency sales
Traditional products accounted 85% of the total.
Global insured losses hit $80b in H1 2025
Myanmar’s quake led to ~$1.5b insured losses for Thailand.
Canopius Group posts 24% profit rise to $222m in H1 2025
Thanks to higher premium volumes and improved underwriting.
FWD Group launches Hong Kong lounge under FWD Private brand
The HNW platform now operates across three jurisdictions.
Manulife Asia records $520m Q2 2025 core earnings
It also reported a 34% YoY increase in new business contractual service margin.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness