News

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.

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.

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.