Staff Reporter
Marsh McLennan posts 1.4% dip in net income for Q1 2025
Marsh McLennan posts 1.4% dip in net income for Q1 2025
It’s APAC segment bagged $335m in revenues.
ICICI Lombard earnings surge 30% YoY in FY 2025
Gross written premiums for FY 2025 also climbed 10.4%.
Willis selects Anant Pawar to lead aviation insurance in India
He brings over 27 years of experience in the insurance and reinsurance industry.
Chubb assigns Janene Blizzard to oversee A&H portfolios in APAC
Blizzard joined Chubb in 2008.
How will New Zealand’s life insurance sector perform in 2025?
GlobalData expects the market to reach $3.8b in gross written premiums.
MSIG Insurance inaugurates assisted living cover for personal accident holders
This benefit was previously available only through life insurance.
Embedded insurance emerges as fastest-growing distribution channel
Nearly a third of professionals favour it over direct-to-consumer models.
Global protection gap narrows to 36%, lowest Q1 figure since 1990
Earthquakes in Myanmar and China were drivers of insured losses from disasters.
Regional disaster insurance pools sign $5.4m collaboration agreement
The grant will be used to build a joint learning network.
Philippines expands allowable investments for regulated insurers
It introduces investment types like debt securities by supranational organisations.
Markel announces acquisition of marine insurance specialist MECO Group
Markel plans to leverage MECO’s presence in APAC.
Singaporeans hesitant on insurance as investment, CIMB study shows
Yet, less than half are financially prepared for their retirement.
Hong Kong boomers concerned over cross-border health insurance claims
Over a third of boomers plan to retire outside of Hong Kong and Macau.
Half of Indians risk financial strain by selecting insufficient health coverage
51% incorrectly believe that critical illness treatments cost less than Rs5 lakh.
Miller reels ex-Munich Re as new head of Origination, Strategic Advisory
She spent 26 years at the company in various senior roles.
What will drive Japan’s insurance sector to surpass $470b by 2029?
Premium increases in life and general insurance will boost the industry this year.
Insurance BPO forecast shows $5.4b rise over nine years
APAC is also forecasted to be the fastest-growing region.
Commentary
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