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APAC disaster risks push parametric market to $23b this year
APAC disaster risks push parametric market to $23b this year
Regional vulnerability to hurricanes and earthquakes accelerates fastest global growth rates.
Singlife updates Shield Plan riders to boost healthcare affordability
Product enhancements respond to specific demographic shifts in long-term care.
Coface appoints Carmen Chow to lead Hong Kong commercial strategy
Former CGS Japanese Solutions head takes over regional performance goals.
AIA launches ProsperLife as mortality gap hits HK$1.9m per adult
New policy targets working adults facing severe financial strain from unexpected death.
Prudential slashes medical rider premiums by 55% amidst MOH shift
New PRUExtra Care series replaces old suite to meet 2025 mandate.
CTF Life partners with HKMC to expand reverse mortgage access
Collaboration targets seniors needing immediate cash from residential property equity.
Hong Kong regulator tightens oversight after complaints jump 19.9%
Authorities also issued guidance covering promotions on online platforms.
Why 47% of insurers see competition forcing finance change
Regulatory shifts, consumer demands and expansion plans also ranked amongst the top pressures.
South Korean insurers post 14.5% profit drop in 2025
Total premium income reached $179b across life and non-life segments.
Generali taps Rao to run India P&C business
The change takes effect on 1 April, with the veteran bringing 35 years of sector experience.
PICC profit rises 26% but growth set to ease
Net income is forecast to reach about HK$39.4b in 2026 from HK$36.0b in 2025.
Liberty folds APAC units into 1 licensed entity
Singapore, Hong Kong, Malaysia, and China now sit under merged underwriting structures.
Pet insurance seen hitting $24b on 18% CAGR
Within services the segment is expected to represent about 0.09% of the total market.
Commercial insurance premiums to reach $1.4t in 2025
Reinsurance capital hit $760b, increasing competition across the sector.
Nan Shan profit rebound may not lift capital fast enough
Premium expansion has outpaced the industry average for 3 straight years.
China Life faces earnings drag as investment returns weaken
The insurer posted a fourth-quarter loss of $1.9b despite annual gains.
Sompo Japan outlook holds as Aspen deal raises execution risk
The agency also sees equity exposure from domestic stock holdings declining.