News
Japanese life insurers pursue overseas deals as domestic growth slows
Japanese life insurers pursue overseas deals as domestic growth slows
Insurers are expected to keep issuing hybrid capital to preserve credit quality.
Demand for professional indemnity insurance in Asia, Australia grows: Aon
However, insurers are cautious about high-risk developments such as renewable energy.
Swiss Re sees rising claims across sectors from heatwaves
Liability and health sectors witnessed a sharp rise in claims.
FWD Hong Kong promotes cancer genomics via MAX platform
It aims to educate the public on the benefits of early cancer detection.
This week in insurance: Great Eastern delists, Income Insurance covers Jetstar-affected, Sout Korea general insurers stable
Tokio Marine also appointed new leaders whilst India’s life insurance market recorded growth.
IFC partners with QBE Asia to expand Building Resilience Index
The partnership aims to address the property insurance gap.
Canopius sells 21% stake to Samsung Fire & Marine Insurance
This marks SFMI’s third investment in Canopius.
APRA proposes capital relief to boost annuity competitiveness
Life insurers would be allowed to hold reduced capital for annuity products.
Asia sees sustained growth in construction insurance in 2024
However, insurers are pursuing profitability and program stability over the long term.
Zurich Takaful rolls out plan with payouts up to 12%
Only 58% of Malaysians are actively saving for the future.
Singlife offers funeral coverage of up to $9,000 via app
Funeral expenses in the Philippines often exceed $3,600.
Income to fully reimburse policyholders affected by Jetstar Asia closure
The airline is expected to report a net loss this financial year.
Tokio Marine taps former AIA, Singlife execs for key leadership roles
A new CFO and CEO has been appointed.
AM Best sees South Korea's non-life growth in health and property lines
Ongoing regulatory changes are driving insurers to strengthen capital.
India life insurers post steady May growth despite policy volume drop
Annual Premium Equivalent by 14.4%.
Allianz signs MGA deal with Hydor for Asia marine liability cover
Hydor will be authorised to underwrite a range of marine liability products.
Asia M&A buyers to boost use of R&W insurance in 2025
45% of respondents foresee a notable increase in the use of deal insurance.
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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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