Staff Reporter
Canara HSBC launches SecureInvest with high life cover
Canara HSBC launches SecureInvest with high life cover
Policyholders also benefit from Loyalty Additions starting from year 10.
Bharti AXA backs IRDAI plan for internal ombudsman system
The proposed mechanism will apply to all insurers with over 3 years of operations.
Allianz Commercial appoints Nguyen-Huu as global head of portfolio
Daniel Head will join Allianz Commercial in the UK as head of Portfolio Solutions.
Sun Life marks 25 years on PSE with bell-ringing ceremony
The event also highlighted Sun Life’s 130 years of presence in the Philippines.
MS Amlin names Christiern Dart as CEO from January 2026
He brings more than 30 years of experience in international (re)insurance.
This week in insurance: APAC engineering cover leads growth, H1 NatCat losses hit $84b, Allianz-Jio form India reinsurer
Global commercial insurance rates fell by 4% in the second quarter of 2025.
Income Insurance launches grant with NCSS to aid caregivers
The insurer will fund up to 20 SSA-run programmes over two grant calls from 2025-2030.
Great Eastern unveils plans to aid multigenerational needs in Singapore
It also covers parents for late-stage critical illnesses like dementia and Parkinson’s.
HSBC Life Singapore appoints Ruhil Bairagi as new COO
He has over 20 years of experience in life, health, and general insurance.
Singlife offers SME premium discount with WSH Council tie-up
The offer applies to Singlife’s MyBenefits Plus plan and is valid until 31 March 2027.
Blockchain in insurance to grow 53.7% annually
The market was valued at $2b in 2024.
Global insurance rates fall 4% in Q2 2025 on competition gains
All regions reported year-on-year rate reductions.
Auto insurance market to reach $2.27t by 2032
Asia-Pacific is forecast to be the fastest-growing region through 2032.
How will Malaysia’s general insurance market perform in 2025?
Pressures like new reciprocal tariffs from the US could impact future growth.
Chubb posts 33% Q2 2025 profit surge as income hits $3b
Regionally, premiums rose 12.7% in Asia.
Mainland Chinese deposits surge as Hong Kong insurers gain
End-2024, Hong Kong’s MCV insurance market reached HK$62.5b (US$8b).
APAC to lead medical liability insurance market with 14.1% CAGR
Globally, the market was valued at $12.5b in 2021.
Commentary
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