News

Cyber gross written premiums could double to $30b globally

The top 10 reinsurers account for 87% of the global cyber GWP.

Peak Re issues $50m catastrophe bond with Black Kite Re

This marks Peak Re’s second catastrophe bond issued in Hong Kong.

Insurance Development Forum launches open tools for climate risk understanding

IDF RMSG has also published a series of Parametric Insurance Case Studies. 

Singaporean broadband provider launches coverage for hobbyists

In collaboration with HL Assurance, it is designed to cover high-value collectables.

FWD Group’s new business sales rise 46% to $679m in Q1

It saw a strong growth trajectory in Hong Kong and Macau.

Hong Kong Life unveils free consultation, medication on common ailments

It is available for its customers under its “Mannings PharmaCare” service.

Hurricanes, earthquakes may raise insured losses to $300b annually

Insured natural catastrophe losses in 2025 will be about the same level as last year.

Prudential’s new business profit rise 12% to $608m in Q1

Its Singapore and Hong Kong businesses logged double-digit growth.

2 in 5 Aussies with single policies rarely claim extra covers.

Couples and family policy holders are more likely to make claims on extra covers.

Thai Life Insurance may benefit from new reporting standard

Thai Life Insurance may see its earnings rise by up to 9% between FY2025 to FY2027.

Manulife Investments unveils Manulife Stable Fund in Hong Kong

It now invests primarily in USD-denominated and settled short-term deposits.

WTW Construction Risk promotes Trent Williams to oversee placements

He previously served as head of Broking, Pacific for seven years.

Aon's net income contracts in Q1 2025

Diluted earnings per share also dipped 17% YoY to $4.43.