Staff Reporter
Interest grows in Asian life insurers' market dynamics
Interest grows in Asian life insurers' market dynamics
Yet, FX risks loom over Taiwanese life insurers.
Cambodian insurers see gross premiums inch up 1.92% in August
Number of policies in the general insurance market dwindled 31.9%.
China's financial assets hit $68t, insurance surge 15.7% YoY
This is equivalent to $4.73t.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
Tokio Marine, Marsh launch port disruption insurance
Standalone coverage provides up to $50m in capacity for losses.
Why are few companies opting for AI-specific insurance?
Ransomware and phishing now worry 35% of executives.
China's insurers adjust risk control amidst lower returns
P&C insurers’ underwriting margins may shrink further.
Primary insurers bear more risk in new reinsurance climate
NatCat losses in the first half of 2024 were driven by medium-sized events.
Income Insurance introduces new EV plan, ‘range anxiety’ coverage
The plan has optional coverage for private charging stations up to $3,880.90.
India eyes turnaround plan for public insurers
The upcoming Ind AS 117 is expected to recalibrate solvency ratios.
Filipino Muslims seek more Shari’ah-compliant options
Ethical values heavily influence decisions, with healthcare as top priority.
SEADRIF allocates $750k for Lao flood relief
The payout was initiated on 20 September, just five days after severe flooding.
Rising property values boost home insurance demand
The market is projected to reach over 7% CAGR.
Insurance, pensions see 6.2% rise amidst market gains
Asia’s household financial assets grew by 7.5%.
Cyber insurance demand rises in APAC's emerging markets
APAC cyber insurance market is growing at nearly 50% annually.
Why Vietnam’s insurers are pivoting to foreign reinsurers for large policies
Local firms reinsured $246m domestic reinsurance premiums, $902m were transferred to foreigners.
What will drive the Thai general insurance market to reach $10.9b by 2028?
Motor, the largest segment, is expected a boost from EV registrations.
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1. Tata AIA funds beat benchmarks with strong five-year returns 2. IndiaFirst Life signs bancassurance deal with DNS Bank 3. Why 9 in 10 APAC insurers hold stable outlooks 4. Cost and low awareness limit health and life insurance uptake 5. Universal life insurance market to reach $132.3b by 2033Resource Center
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AI isn’t replacing insurance, it’s finally making it work