Staff Reporter
China Taiping Insurance SG unveils two universal life plans for HNWIs
China Taiping Insurance SG unveils two universal life plans for HNWIs
The indexed account will have returns linked to the performance of two indices.
BIS study highlights offshore reinsurance exposure in insurers’ models
Private markets and proprietary models reduce transparency.
Swiss Re highlights $26b insurance potential from clean energy
Global renewable energy capacity will almost double to 8.5 terawatts by 2030.
Vietnam revises unemployment contributions for persons with disability, laid-off
Those who hire persons with disabilities will receive a UI premium reduction up to 12 months.
How premiums surged 42% in Taiwan’s foreign-currency market in August
Investment-linked insurance products generated $1.4b during the month.
APAC insurers lag peers in risk management maturity
But AM Best ranks 60% of APAC insurers as financially strongest.
Lioner International expands Singapore base amidst growing client demand
The move is expected to accelerate its regional growth.
MAS says insurance disputes rare with most resolved by mediation
FIDReC completed an average of 246 mediation and adjudication cases.
Marine insurance rises 1.5% in 2024
This was driven by higher trade volumes and vessel values.
Driver accident insurance market to reach $9.5b by 2029
Growth will likely be supported by the wider use of telematics in insurance products.
Hang Seng Insurance maintains solid capital strength through 2027
Weighted new business sales were up 49% in the first half of 2025.
Domestic worker insurance market sees steady 7.5% growth outlook
The sector is projected to reach $5.05b by 2029.
China Pacific Insurance expects continued premium growth into 2026
New business value (NBV) grew 31% in the first nine months of the year.
How insurance markets are rewarding buyers with lower global rates
But Aon warns that volatility in property, cyber, and casualty lines remains a concern.
Tokio Marine completes $615m purchase of Ignyte’s auto business
Tokio Marine expects growth in the collector vehicle segment in the US.
Taiwan insurers bag $4b in September 2025
Life insurers saw their profit contract.
Vietnam Social Security enforces late payment fines at 0.03% daily
Within the first 10 days of each month, VSS will send written reminders to employers.
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