News
Cambodian insurers grow Q1 gross premiums 6% to $102.3m
Cambodian insurers grow Q1 gross premiums 6% to $102.3m
The industry’s financial income expanded 7% YoY to $11.9m.
Nepal Insurance Authority begins monthly KPI publication
The authority said it aims to support transparency, accountability, and evidence-based policymaking.
Japan’s LDP proposes National Health Insurance prepayment rule for foreign residents
Currently, resident foreigners who stay in Japan for over 3 months must enrol in the system.
How do employees in Asia feel about their coverage?
Rising medical trend rates are significantly outpacing salary increases.
South Korean insurers post $159m overseas profit in 2024
Asian operations posted a YoY decline in net income of $16.3m.
Prudential Singapore, IMDA to drive SMEs’ adoption of GenAI
SMEs will gain access to a series of up to 10 bite-sized explainer videos and up to four hands-on workshops.
Singapore premiums rise sharply as health costs bite harder
Despite the rise in insurance costs, overall price pressures remain contained.
AXA to re-domicile Bermuda-based insurance unit to Hong Kong
The move will not affect ACRIB’s legal entity, organisational structure, or operations.
Generali completes sale of Philippine unit to Insular Life
In a previous announcement, this could result in a capital loss of ~$23m.
FWD Philippines taps Lau for CEO post in June succession
Lau has been with FWD since 2016.
APAC insurance CROs lag peers on operational risk preparedness
Cybersecurity remains the leading risk in the region, cited by 62% of APAC CROs.
Indonesian association launches 2025–2030 roadmap to strengthen farm insurance
It aims to establish a sustainable ecosystem in support of national food security.
Japan’s top four insurers grow profit 60% in fiscal 2024
However, these insurers expect earnings for fiscal 2025 to ease slightly.
Taiwan life insurers double premium income on spillover-effect plans
As of Q1 2025, the FSC has approved or registered 251 such products.
South Korean insurers bag $10b in profits for 2024
The increase was mainly driven by higher investment income across life and non-life.
Unified Payments Interface drives one-third of insurance payments in India in FY 2025
The rise is most notable in investment-cum-insurance products.
Allianz Malaysia Berhad posts 14.3% rise in insurance revenue for Q1 2025
This is equivalent to reaching $367.2m during the period.
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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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