News
Malaysian insurers expedite claims for Putra Heights explosion victims
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.
ICA reports 95,000 claims from Cyclone Alfred damage
The cyclone and floods have exceeded A$1.2b in insurance losses.
Regulators monitor insurers' exposure to alternative assets
Efforts aimed at improving consistency may have immediate effects in private credit market.
Japanese insurers expand overseas amidst domestic slowdown
AM Best forecasts sluggish growth in in-force premiums.
Tokio Marine sells Mitsubishi stake in $1.34b buyback
The shares will be sold at $15.65 each.
Public Accounts Committee investigates rising health premiums in closed sessions
Beginning 1 May, private clinics and hospitals will be required to display their prices.
Malaysian Re report calls for healthcare finance reform
The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
Insurance Brokers Association of India unveils new President
He takes over from outgoing President Sumit Bohra.
Pacific’s capital strength stable despite reinsurance reliance: AM Best
It’s net underwriting growth is expected to stay elevated in the medium term.
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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