News
Sun Life posts P28.9b premium income in Philippines Q2 2025
Sun Life posts P28.9b premium income in Philippines Q2 2025
The insurer said it retained its position as the country’s top life insurer.
Insurance fraud worldwide estimated to exceed $80b annually in 2025
Asia-Pacific reported a 22% year-on-year increase in fraudulent claims in 2023.
Malayan Insurance outlook stable as earnings supported by investment income
AM Best emphasised continued underwriting volatility from catastrophe and large loss events.
Howden appoints Chris Hughes as CEO of broking in New Zealand
He will report to Matt Bacon, CEO of Howden Pacific.
India’s non-life insurance premiums rise 2.4% in July 2024
The Bima Trinity initiative is expected to drive further sector growth.
This week in insurance: Bupa HK unveils Blua Health Pass; FWD HK new insurance plan; MS&AD $1.51b net income in Q1
Worldwide, the insurer’s revenue rose 8% on a currency-adjusted basis to $5.92b.
KDB Life reorganises third insurance portfolio to drive profitability growth
The initiative includes tighter profitability checks and a pre-alert system.
AIA Singapore posts 16% rise in new business value in H1 2025
Annualised new premium (ANP) rose 28% to $547m.
AM Best expects Malaysian Life Re performance to remain adequate in 2025
In 2024, Malaysian Life Re reported a negative insurance service result.
FWD Singapore rolls out indexed universal life plan under FWD Private
The product offers allocations between a Fixed Account, currently at 4.5% per annum.
ASIC renews retail cover exemption for wholesale insurance contracts
ASIC said the exemption reduces compliance costs.
AIA Singapore, Mount Alevernia collaborate for cost-efficient healthcare
The MoU builds on AIA Singapore’s healthcare initiatives rollout in 2024.
ICIEC signs revised MOU with NEXI on blended finance
It aims to strengthen investment flows into ICIEC’s 50 member countries.
AIA net profit falls 23.5% in H1 2025
The insurer also reported a 14% YoY increase in value of new business.
Howden Pacific says 70% of Australian businesses underinsured
The issue is particularly severe amongst small and medium-sized enterprises.
Thai life insurance industry grows 4.87% to $10b in H1 2025
New business premiums rose 7.38%.
Allianz Trade appoints Tetsushi Kitano as Thailand country manager
Kitano has been with the trade credit insurer for more than 17 years.
Thought Leadership Centre
In Association with
Most Read
1. Why Thai finance firms push AI as human oversight limits automation 2. Tokio Marine Life Insurance Singapore reels in ex Etiqa CEO 3. Banks waste AI spending without workflow redesign as only 10% see gains 4. Why banks must become gatekeepers or accept commodity status 5. Southeast Asian banks lose funding efficiency as pricing remains fragmentedResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
