News
Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums
Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums
The growth was led by the double-digit increase in annual premium policies.
Q1 2025 natural disasters cost APAC billions, insurance coverage limited
In Q1 2025, South Korea and Japan faced significant wildfire activity.
Rising dental costs prompt Australians to reconsider extras health insurance
24% of Australians would spend more on dental care if they could afford it.
Ping An Insurance included in S&P Global’s 2025 sustainability list
It remains the only insurance company from China to be included.
Zurich appoints new heads for Property and Financial Lines in Singapore unit
Both have leadership experiences.
What’s stopping Indians from buying travel insurance this year?
Security and peace of mind remain key motivators for insurance uptake.
60% of Australians feel financially secure, but 23% still underinsured
23% of life insurance holders said they did not believe their cover was sufficient.
Global pet insurance market set to reach $68.91b by 2032
This equates to a CAGR of 18.13%.
How much will Japan's insurance market grow in eight years?
Demographic shifts are driving structural changes in product demand.
Vietnam’s finance sector faces digitalisation challenges despite eased regulation
Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
Insurance industry faces limited payouts amidst 2024 economic losses
Storm frequency resulted in approximately 1,200 fatalities.
QBE Insurance reports 7% YoY GWP growth in Q1 2025
Between January and April, catastrophe claims cost QBE approximately $420m.
Zurich, ShopeePay launch Shariah-compliant travel takaful plan
The takaful plan provides up to RM300,000.
Shriram General Insurance sees 13% profit growth in FY 2025
For the full year, policy issuance rose 3%.
Japan’s long-term care insurers face pressure from staff shortage
55.2% of home care operators reported a year-on-year revenue decline.
Sun Life Financial posts $1.1b in Q1 2025 underlying net income
The quarter’s performance was also driven by Asia’s performance.
Renewable energy insurance to bag $28b by 2034
This reflects a compound annual growth rate (CAGR) of 4.22%.
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CEO Phlaphongphanich said the industry is measuring the wrong things.
