Staff Reporter
Why Australians rate EVs as pricier to insure despite similar costs
Why Australians rate EVs as pricier to insure despite similar costs
Youi’s data shows that EV insurance costs can be comparable to petrol vehicles.
Jefferies expects Prudential to extend growth in second half
At mid-2025, Prudential’s annual premium equivalent (APE) grew 13%.
Singlife partners Salesforce to launch AI agent for service staff
It allows staff to access information instantly.
Moody’s expects steadier ZhongAn profits as tech losses narrow
Losses in its non-insurance businesses narrowed to $5.34m.
Private mortgage insurance market projected to rise to $9.7b by 2029
The market is slated for a 9.5% growth this year.
Insurers set tougher terms as ransomware containment improves 33%
Adoption in Asia-Pacific is slightly higher at 38%, with China leading at around 50%.
Corporate life insurance market set for $1.28t by 2029
This represents a compound annual growth rate (CAGR) of 7.1%.
India’s life insurers post 14.8% rise in new premiums in September
This marks a rebound from the 5.2% decline seen in August.
FWD names Craig Tunstall interim chief risk officer
Tunstall joined FWD in 2020.
Construction insurance market slated for 5.6% CAGR through 2029
The market is seen to bag $10.42b in four years.
Aon strengthens Asia reinsurance leadership with new chairman
Chisholm will oversee the Global Clients Segment for the Asia region.
Tian An P&C bond lapse highlights sector governance gaps: S&P
Tian An P&C failed to repay a $730m capital supplementary bond.
SME commercial insurance market to hit $155b by 2029
The market was valued at $111.83b in 2024.
Prudential to see stable earnings: Fitch Ratings
Fitch noted that Prudential continues to operate with low financial leverage.
Crop weather index insurance market to hit $3.3b by 2029
Growth has been supported by greater climate unpredictability.
Fitch Ratings expects Sumitomo Life to sustain stable growth
The rating agency said it anticipates continued capital strengthening.
What will keep Indonesian non-life insurers’ outlook remain steady?
Commercial insurance demand is also seen to rise.
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AI isn’t replacing insurance, it’s finally making it work