Staff Reporter
Kotak Life launches term plan for emerging affluent Indians
Kotak Life launches term plan for emerging affluent Indians
The new offering expands Kotak Life’s range of term insurance products.
Insurance third-party administrators market to grow 10.3% in 2025
Asia-Pacific is expected to post the fastest growth through 2029.
AM Best expects Munich Re profits to stay resilient
The group posted a net profit of $6.61b (€5.7b) in 2024.
Asia-Pacific leads global engineering insurance growth at 12.4%
This would be the fastest growing region.
QBE seen to hold strong capital levels, stable outlook
The stable outlook reflects confidence in QBE’s presence in global commercial lines.
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
This week in insurance: Zurich pays $19.8m US claim, GEH stays public, Japan approves new quake cover
Prudential also unveiled a new CEO for its Vietnam arm.
Moody’s sees stronger earnings ahead for FWD Group
Its July 2025 listing in Hong Kong boosted financial flexibility and capital access.
Lao PDR signs impact-based insurance policy with SEADRIF
The agreement continues Lao PDR’s push for innovative disaster risk financing.
Clyde & Co. maps dispute outlook across key business sectors
48% expect more disputes due to economic pressure and complex risk conditions.
Hongkongers link insurance to better ageing health outcomes
43% expect to spend more on medication.
Global insurance telematics market to grow 18.9% yearly through 2034
China is emerging as a key growth driver in Asia-Pacific.
Taiwan to revise insurance fee rules for IFRS 17 in 2027
These changes aim to align the definition of “substantive operating revenue”.
Asia-Pacific liability insurance market to grow 8% annually
Globally, the market is expected to grow from $252.34b in 2021 to $432.81b in 2031.
AXA Philippines unveils self-service kiosk for insurance access
On-site staff are available to assist users.
Singaporean rental platform launches free home insurance
The insurance is embedded directly into the platform in partnership with discovermarket.
Zurich Kotak launches EV Protect add-on for electric vehicles
It also addresses risks such as power surges.
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