News
Ping An Group posts 2.4% profit rise with life and health segment growth
New business value (NBV) surged 34.9%.
APAC’s commercial auto insurance set for steady 3.2% CAGR
Globally, the market is forecasted to register CAGR of 9.9%.
Manulife Hong Kong launches two critical illness products with income aid
One of the plans covers 121 critical illnesses and diseases.
SBI Life insurance pencils 27% YoY profit surge in FY 2025
New Business Premium stood at $426.92m.
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases.
AM Best says Shinkong Insurance to sustain strong profits
The insurer accounted for 16.4% of Taiwan’s domestic non-life sector.
Asia Pacific to lead global motor insurance growth
The market is also estimated to have bagged $833.8b last year.
Pacific commercial rates down 8% in Q1 2025
Marsh recorded declines across all major lines of business.
Tokio Marine and Nichido Fire China maintains stable outlook
It is expected to pursue opportunities tied to Japanese-affiliated industries in China.
This week in insurance: Insurers scale back on HK boomers, China eyes nonstandard securitisations, Zhibao's new reinsurance unit
Losses from the 7.7-magnitude Myanmar earthquake in March will also be absorbed by reinsurers.
India’s life insurers post 5.1% growth in FY 2025 premiums
CareEdge said premium growth is expected to remain volatile.
Swiss Re warns motor insurers on rising claims pressures
Last year saw 90 million car sales, which required mandatory motor coverage.
Insurance Development Forum pushes insurance access with 2025–30 strategy shift
It also plans to strengthen public-private partnerships.
S&P says quake losses in Thailand capped by reinsurers
Thai insurers have strengthened their reinsurance coverage over the years.
GAIP appoints Rohit Boda as India head, non-executive director
This is in line with GAIP's expansion goals in India.
Chubb’s Q1 2025 profit dips 38%
P&C lines' premium growth was 6.1% for the region.
Commentary
AI isn’t replacing insurance, it’s finally making it work