News
Manulife Asia records $520m Q2 2025 core earnings
Manulife Asia records $520m Q2 2025 core earnings
It also reported a 34% YoY increase in new business contractual service margin.
CPIC Life HK strengthens growth outlook with Moody’s forecast
Its pursuit for strong premium growth from a low base will likely to reduce its capital coverage ratio.
Japan life insurers double premium income in fiscal year start
The industry saw individual insurance and annuity new businesses climb.
Asia-Pacific, Africa struggle with $24b in uninsured losses: Munich Re
Only $0.6b was covered by insurance after the magnitude-6 earthquake in Tainan, Taiwan.
Taiwan’s insurers report $650m loss in H1 2025 earnings
In contrast, non-life insurers posted a pre-tax profit of $0.52b.
China expands insurer assessment cycles to promote stability
The previous system only focused on the current year and a three-year cycle.
APAC medical professional liability insurance to grow 11.5% through 2034
In 2023, China had approximately 4.78 million medical practitioners.
Filipinos delay insurance due to other expenses: Survey
The urgency to buy life insurance has declined since the COVID-19 pandemic.
Taiwan’s life insurers lead AI adoption with 67% uptake
Insurers primarily use AI for internal operations, customer service, and fraud detection.
China’s horse insurance growth to register 13.5% CAGR through 2035
India follows at 12.5%.
Thailand’s life insurers post $10b in H1 2025 premiums
New business premiums rose 7.38% YoY.
Malayan Insurance completes IFRS 17 rollout ahead of deadline
The implementation was extended to 2027.
Tata AIA launches Shubh Shakti for women with life cover
The launch follows rising female workforce participation in India.
India expands parametric insurance in climate-hit sectors
India’s parametric market is growing at a faster pace of 11.3% annually through 2028.
Trade credit insurance market to grow 10.7% annually through 2033
Asia-Pacific is forecast to grow at the fastest rate.
Prudential Hong Kong appoints three new executives to ExCo
They all report to CEO Lawrence Lam.
FWD Hong Kong offers new IUL policy with uncapped index tie
Hong Kong ranks first in Asia in wealth per adult.
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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