Insurance Asia

China launches seven-month crackdown on industry fraud
Since 2021, the nation’s police have uncovered almost 2,000 insurance fraud cases.
India’s terrorism risk pool pays high for 18 claims last year
Limit of Indemnity is capped at INR20b per risk/location.
AIA Singapore unveils wealth centre at Six Battery Road
Clients can access a panel of experts in legal, tax, and trusts.
Vietnam’s insurance giants armour up for tech challenges
Insurers adopting digital tech eye double-digit growth.
UAE Insurers see 19% revenue growth amidst IFRS 17 shift
AM Best expects consolidation from weak underwriting performance and higher costs. 
Manulife, Standard Chartered expand 2016 ties
Manulife will gain access to the bank’s clientele.
Roojai plans to become full-stack digital insurer with acquisition
In July 2023, Roojai acquired FWD General Insurance.
Health and safety overtake cyber risks in corporate concerns – Clyde & Co.
86% of directors and officers consider health and safety more important.
New Pru Life CEO commits to financial literacy in the Philippines
The CEO met with Insurance Commissioner Atty. Regalado.
FTLife changes name to Chow Tai Fook Life
The insurer plans to rebrand in the third quarter of the year.
AIA’s new business value jumps 31% YoY in Q1’24
Its China, Hong Kong, Thailand and Singapore business saw double-digit growth.
1 in 3 executives dread political risk in 2024
More than 60 countries are holding elections this year.
Insurance rates decline in Q1’24
Rates in catastrophe-exposed regions were stable despite declines.
Great Eastern witnesses 26% YoY profit surge in Q1’24
Its new business-embedded value leapt 21% YoY. 
PT Axle Asia revamps as bolttech
bolttech completed the acquisition of the majority stake in Axle Asia in late 2022.

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Exclusives

Exclusives

Insurance Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
Insurance Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Insurance InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Insurance Hong Kong’s women in insurance rising in a male-dominated business sector
Hong Kong’s female insurance executives show how they take on leadership roles.

Top News

China launches seven-month crackdown on industry fraud
Since 2021, the nation’s police have uncovered almost 2,000 insurance fraud cases.
India’s terrorism risk pool pays high for 18 claims last year
Limit of Indemnity is capped at INR20b per risk/location.
AIA Singapore unveils wealth centre at Six Battery Road
Clients can access a panel of experts in legal, tax, and trusts.
Vietnam’s insurance giants armour up for tech challenges
Insurers adopting digital tech eye double-digit growth.
UAE Insurers see 19% revenue growth amidst IFRS 17 shift
AM Best expects consolidation from weak underwriting performance and higher costs. 
Manulife, Standard Chartered expand 2016 ties
Manulife will gain access to the bank’s clientele.
Roojai plans to become full-stack digital insurer with acquisition
In July 2023, Roojai acquired FWD General Insurance.
Health and safety overtake cyber risks in corporate concerns – Clyde & Co.
86% of directors and officers consider health and safety more important.
New Pru Life CEO commits to financial literacy in the Philippines
The CEO met with Insurance Commissioner Atty. Regalado.
FTLife changes name to Chow Tai Fook Life
The insurer plans to rebrand in the third quarter of the year.
AIA’s new business value jumps 31% YoY in Q1’24
Its China, Hong Kong, Thailand and Singapore business saw double-digit growth.
1 in 3 executives dread political risk in 2024
More than 60 countries are holding elections this year.
Insurance rates decline in Q1’24
Rates in catastrophe-exposed regions were stable despite declines.
Great Eastern witnesses 26% YoY profit surge in Q1’24
Its new business-embedded value leapt 21% YoY. 
PT Axle Asia revamps as bolttech
bolttech completed the acquisition of the majority stake in Axle Asia in late 2022.

Exclusives

Insurance Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
Insurance Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
Insurance InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Insurance Hong Kong’s women in insurance rising in a male-dominated business sector
Hong Kong’s female insurance executives show how they take on leadership roles.

Join the Insurance Asia community