News
Property and casualty insurtechs raise $1.13b in Q1 2025
Property and casualty insurtechs raise $1.13b in Q1 2025
Since 2012, over $60b has been invested in insurtech companies.
Sun Life debuts IUL product in HK to target wealthy investors
The new product links its indexed account value to the performance of a chosen index.
Tokio Marine’s FY 2025 records earnings jump of 57% YoY
Ordinary income grew by $7.01b.
MS Amlin’s net premiums rise $300m on business growth in FY 2024
Reporting under UK GAAP, MS Amlin posted an underwriting profit of $288m.
Non-life ILS market hits $49.1b in cat bond capacity by April: Gallagher Re
Non-life ILS capacity has increased nearly 480% since 2010.
Philippines’ non-life sector gains from reinsurance capacity: AM Best
Additionally, insurers are expected to benefit from improved investment income.
Hong Kong’s insurance market to hit $127b by 2032
The city’s insurance penetration remains amongst the highest globally.
MS&AD Insurance sees $2.2b YoY net earnings gain in FY 2025
The insurer forecasts a net income of $4b for FY 2026.
Japan’s non-life insurers strengthen as oversight improves
The FSA has also introduced stricter governance requirements.
India’s non-life insurance insurance sector grows 13.5% YoY in April
Growth during the month was supported by renewals.
HDI Global reels in McDowell as new lead
He will be based in London.
Dai-ichi Life profit climbs 33.9% in FY 2025
EPS was at $0.80.
Aon expands reinsurance work with Moody’s into commercial risk
The products aim to offer more efficient risk transfer and improve casualty protection.
New India Assurance’s net profit slips 13% on legacy balance provisions
The company retained its market leadership with a 12.6% share.
Canopius appoints Chen Zhang and Channing Chiu to APAC roles
Both will report to Soon Keen (SK) Lee, CEO of Canopius APAC and MENA.
FWD refiles for Hong Kong IPO
The updated Application Proof will be made available on the HKEX website.
Prudential Care360 includes surgery, ICU, and infectious disease cover
The plan also offers daily income payouts when the policyholder is hospitalised.
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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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AI isn’t replacing insurance, it’s finally making it work