News
Trade credit insurance ‘key’ to SME growth: ICISA
Trade credit insurance ‘key’ to SME growth: ICISA
The association also stated 6 recommendations for policymakers and regulators.
BMS Group appoints new chairman
He was most recently CEO and Chairman of the Executive Board at Hannover Re.
AXA Philippines partners with Grab, MOVE IT on gig insurance
The gig workers are eligible for up to ₱1m of insurance coverage.
PNB MetLife launches pension multicap fund with Policybazaar
It will be open for subscription from 1 to 15 April at a NAV of ₹10.
AXA launches digital insurance with Ant Bank, AlipayHK tie-up
It will use AXA’s portfolio and Ant Bank and AlipayHK’s “E-wallet X Digital Bank”.
Allianz Jingdong aims for profitability boost through refined risk selection
Its investment risk is expected to stay low.
AM Best expects stable earnings from PVI Insurance’s underwriting
Although, investment portfolio carries moderate risk.
APAC’s group health insurance market slated for 12.2% CAGR by 2031
Globally, the market is seen to bag $1.8t.
Malaysian insurers expedite claims for Putra Heights explosion victims
The association expects high volume of claims.
Singaporeans want early retirement, but many lack confidence
72% say the goal is realistic—and 43% feel confident managing their finances toward it.
Taiwan insurers’ pre-tax profit rises 3.1% YoY in February 2025
Life insurance enterprises accounted for $1.64b of the total.
How well do Australian’s know about tiered private hospital insurance system?
13% said the tier system is as confusing as the previous insurer-specific policies.
Ping An cuts carbon footprint by 8% in 2024
It also boasts of a stable business performance last year.
Health insurance coverage in India projected to reach 50% by 2025
Yet, rural healthcare infrastructure and trained talents remain key challenges.
Gallagher Re sees increased capacity, flexibility for reinsurance buyers
Many reinsurers also anticipate double-digit returns on equity in 2025.
Insurance M&A expected to rebound in 2025 with investor confidence
Asia may see more inbound M&A, driven in part by currency advantages for US buyers.
Insurers urged to modernise amidst looming talent shortages: Bain & Co.
Life insurers are struggling to stay relevant, especially amongst younger consumers.
Commentary
AI isn’t replacing insurance, it’s finally making it work