Staff Reporter
Australian health insurers see record high hospital claims
Australian health insurers see record high hospital claims
A total of 453,259 high claims—or those higher than A$10,000— were paid out during the year.
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China life premiums projected to rise from $679.5b in 2026 to $927.5b in 2030
This represents a CAGR of 7.9% in direct written premiums.
Allianz may cut up to 1,800 jobs in travel insurance division: report
The job cuts will mainly affect call centres, a source said.
This week in insurance: Cbus fined $15.3m, insurers make new appointments, Tokio Marine expands agri US offerings
Manulife Asia appointed a new CFO.
APAC emerging market insurers outperform peers during volatility
But they do face constraints in scale and diversification.
Korea Re sets up shop in India with new branch in GIFT City
It obtained authorization on 6 November 2025.
Singapore’s non-life insurers see growth as offshore business expands
However, competition from global carriers continues to squeeze margins.
Australian superannauation fund fined $15.34m for delays
The penalty exceeds United Super's reported revenue in the 2024 financial year.
Dai-ichi Life retains stable outlook despite higher risky asset holdings
Asset quality is expected to gradually improve, Moody's said.
MoneyHero partners with InsureMO to expand Philippine digital insurance
The integration targets 5.5 million users in the market with 2% penetration.
What will drive the APAC life insurance market to bag $2t in five years?
India and China are major drivers of the sector’s growth.
Allianz Malaysia logs 9M 2025 profit growth on rising insurance revenue
Both general and life insurance segments saw higher revenue in Q3.
Howden names Alaric Lee as chief commercial officer for Asia
Lee joins from Marsh, where he was most recently a managing director.
Manulife names Bonnie Qiu as global high net worth CEO
Rishi Srivastava also joins Manulife Asia’s senior leadership team.
Aditya Birla Sun Life Insurance launches combined annuity and equity-linked product
It promises annuity payouts until 100 years old.
Manulife hires HSBC banker for Asia CFO role
Ming Lau was most recently the CFO for HSBC Asia Pacific and the Middle East.
Commentary
AI isn’t replacing insurance, it’s finally making it work