News
Fine art insurance market set to reach $838.4b by 2034
Fine art insurance market set to reach $838.4b by 2034
APAC is seen as the fastest-growing region.
AXA Hong Kong launches endoscopy concierge for cross-border healthcare
The plan expands coverage beyond lung and breast cancer.
Earthquake insurance market projected to reach $13.6b by 2034
This represents a compound annual growth rate of 6.0%.
HSBC’s subsidiary approved as first captive insurer in Hong Kong
The government imposed a 50% tax concession for local captive insurers.
India’s mental health insurance claims rise 30% amidst growing awareness
Most claims were for mild to moderate conditions.
Talanx Group posts $683m Q1 net income
This marks a 4.9% year-on-year (YoY) increase.
Howden selects industry veteran Pommalee for Thailand client role
His focus will include delivering insurance and risk solutions.
Zurich calls for investment in disaster prevention strategies
Hurricanes, floods, and wildfires caused $2t in economic losses over the past decade.
MSIG Asia restructures leadership to boost digital, corporate strategy
Adrian Hill has been appointed Chief Digital & Consumer Officer.
Cyber gross written premiums could double to $30b globally
The top 10 reinsurers account for 87% of the global cyber GWP.
Peak Re issues $50m catastrophe bond with Black Kite Re
This marks Peak Re’s second catastrophe bond issued in Hong Kong.
Howden appoints new managing director, head of M&A for India
She has more than 20 years of experience.
Insurance Development Forum launches open tools for climate risk understanding
IDF RMSG has also published a series of Parametric Insurance Case Studies.
Singaporean broadband provider launches coverage for hobbyists
In collaboration with HL Assurance, it is designed to cover high-value collectables.
FWD Group’s new business sales rise 46% to $679m in Q1
It saw a strong growth trajectory in Hong Kong and Macau.
Hong Kong Life unveils free consultation, medication on common ailments
It is available for its customers under its “Mannings PharmaCare” service.
Hurricanes, earthquakes may raise insured losses to $300b annually
Insured natural catastrophe losses in 2025 will be about the same level as last year.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness