Staff Reporter
Allianz Trade appoints Hassan Omaish as CEO for Hong Kong, Korea, Taiwan
Allianz Trade appoints Hassan Omaish as CEO for Hong Kong, Korea, Taiwan
He will take over from Edmond Lee, who is retiring after 12 years.
Why reinsurers post second-highest returns in 2024
Net premiums written grew 5.7% in 2024.
Asia-Pacific reinsurance sector stays stable despite soft market
The industry remains well capitalised, but Fitch cautions climate-driven volatility.
Long stay travel insurance market to bag $4b in 2025
By 2029, the market is expected to reach $5.04b, expanding at a CAGR of 7.1%.
Hong Kong Insurance Authority urges joint effort in risk management
HKIA highlighted its ongoing collaboration with insurers and academics.
Singapore scams fall with 791 new insurance cases reported
Victims lost about $16.6m (S$21.3m) in total.
Proposed net cash flow tax to raise Aussies’ insurance costs: industry body
The council suggested scrapping stamp duties on insurance, amongst others.
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
Aussie insurance body urges strata law reforms to counter rising premiums
Building defects cost $1.3b annually for residential apartments across Australia.
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
It is also issuing new USD subordinated dated capital securities.
Dai-ichi Life Holdings sets up new firm to manage its investments and loans
It covers fixed income investment, alternative investment, and structured finance.
Cathay Century maintains strong balance sheet despite H1 capital dip
Its C&S may have declined by net profits retained "good momentum" during the period.
Health insurance market grows 9.1% CAGR through 2025
APAC is forecast to record the fastest growth.
Guy Carpenter reports stable non-marine retrocession pricing levels
Appetite for aggregate cover continues to increase.
Insurance claims market grows to $519.21b by 2032
This equates to a CAGR of 12.9%.
What drove India's life insurance sector to rise 6.6% in August 2025?
But new business premiums fell 5.2% year-on-year in August.
Asia-Pacific insured only 5% to 7% of hazard losses
Additionally, more than half of the countries had less than 5% of losses.
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