News
FWD Hong Kong’s new business APE up 53% in 9M 2024
FWD Hong Kong’s new business APE up 53% in 9M 2024
All of its sales channels saw double-digit growth.
Embedded finance transforms retail with seamless transactions, partnerships
Integration boosts retail convenience but raises security challenges.
UOI proposes $8.9m final and special dividends for FY2024
If approved, the dividends will be paid on 16 May.
Global insurtech funding hits seven-year low in 2024
Australia was one of the markets with the largest share decrease.
How did the region’s insurance market rates compare with each other?
Korea, Malaysia, Singapore, and Thailand saw the largest commercial rate drops.
Fund finance market grows, banks leverage non-payment insurance
Banks seeking capital relief may benefit from insuring fund finance exposures.
Life insurers in Japan to see earnings boost in 2025
Insurers are expanding overseas and non-insurance amidst demographic decline.
This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains
Taiwan, Singapore, and the Philippines recorded positive market growths.
Young Hong Kong travelers lack protection awareness when traveling
One-third of them say travel insurance is unnecessary.
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
How much did APAC’s cyber insurance market bag in 2024?
Guy Carpenter cautioned about evolving threats such as ransomware.
Suncorp's net profit jumps 89% in H1 2025
EPS was A$86.56.
Tokio Marine Kiln unveils new division head
He previously worked at Talbot.
Insurers need to develop new strategies amidst ‘slowbalisation’: Geneva Association
Growth opportunities have been found in political risk and renewable energy insurance.
Japanese life insurers’ premium income doubles to $159b in November
Total assets also doubled to $2.6t.
India's life insurance APE dips 0.9% in January 2025
It was influenced by policy changes in sum assured and commissions.
Sun Life's Q4 net income drops 75% amidst impairment charge
It was partially offset by favourable interest rate impacts.
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AI isn’t replacing insurance, it’s finally making it work