News
Chubb’s net income jumps 10.2% YoY in FY 2025
Chubb’s net income jumps 10.2% YoY in FY 2025
Gross premiums written for the year increased by 6.4% YoY to $65.9b.
AIA appoints fintech and HR veterans to board oversight roles
They both bring governance heft from WeBank Ping An CIMB and Shangri-La.
Canara HSBC Life unveils non-market life plan as income fears rise
IncomeNow offers fixed or rising income shielded from stock market swings.
AIA debuts SelectWise as 46% of Hong Kongers want privacy and cheaper care
57% of Hongkongers have considered mainland China for medical treatment.
Sun Life Grepa expands regional footprint with Cebu branch move
Relocation to JEG Tower follows new office launches in four more cities.
China Life rolls out two AI tools to cut service workload
New tools route simple inquiries to bots while preserving human agents for complex issues.
Hong Kong insurers settle 85% of Wang Fuk Court fire claims worth $66.3m
IA confirms 1,032 claims closed but inspections stall final 156 cases.
Aon names Karl Hamann as Philippines CEO
Veteran regional executive to lead integrated risk strategy in Manila.
Bharti AXA, Equitas SFB partner to push rural life cover in India
Tie-up spans 1,042 outlets across 18 states to grow rural protection sales.
ICICI rolls out Aon’s PathWise to tackle stricter capital rules
Firm consolidates actuarial tools to meet regulatory and performance demands.
Marsh’s net income inches up 2.5% in 2025
Insurance unit drives 12% revenue growth whilst consulting lags at 7%.
Only 33% of retirees expect savings to last a decade: Axis Max Life
Even amongst those with health insurance 67% fear financial shortfall.
Beazley valued at $11b as Zurich agrees offer terms
Cash proposal would pay 1,335p per share if the full dividend is included.
GIFT City draws reinsurers as India offers 10-year tax holiday
The zone also provides exemptions on capital gains to attract offshore insurance capital.
SBI Life profit climbs 4% to $18.3b in December period
New business premium rose to ₹31,326 crore from ₹26,256 crore in the same quarter last year.
Philippines, Mongolia deposit insurers sign pact for bank resolution
It includes cooperation on receivership liquidation risk management and premium assessment.
Sri Lanka crop cover expands as drought floods and elephants hit
Losses linked to weather and environmental shocks are weighing on farm incomes.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness