Insurance Asia

Insurers struggle to balance customer acquisition and retention: study
Customer retention is crucial in markets where new buyer growth has stagnated.
Guy Carp appoints new managing director for credit, bond and political risk division
Chu has been in the reinsurance market throughout his 30-year career.
CGF’s underwriting performance to remain subdued: Fitch Ratings
The company incurred an underwriting loss of $358.4k (LKR107m) in 2023
Private market investments surge amongst 73% of insurers
Optimising fixed income portfolios amongst prime investment opportunities for insurers in the next 12 months.
HKIA, ICAC target suspected unlicensed insurance sales to mainland China
The first joint operation led to the arrest of a broker and a referrer.
Momentum Life logs gains with expansion, strategy: AM Best
The company’s capital remains enough to support other operations despite a planned expansion.
Over 1.3 billion have basic medical insurance in China 
This accounts for over 95% of the nation’s total population.
China's medical insurance fund reports $470b revenue surge in 2023
Payment reforms are urged for a stable healthcare fund.
AM Best projects “modest profitability” for Tugu Insurance
The company’s financial performance was mixed in 2023.
Allianz Partners and Foodbank to host food events in Australia
The initiative aims to alleviate the financial pressures faced by international students.
HKIA launches anti-scam charter with financial regulators
The initiative involves 230 participating institutions.
‘Super election year’ heightens political violence risks – Allianz Commercial
Financial impact of past civil unrest incidents reached around $13b.
IG's reinsurance to buffer Baltimore bridge loss
The Singapore-based vessel, Dali, is insured by Grace Ocean.
Taiwan's non-life insurers unlikely to see big quake claims – AM Best
Some insurers could benefit from robust parental financial support, as mandated by regulations.
Sompo Singapore to bolster regional strategy – S&P Global
The company is unlikely to be divested by the group, says S&P Global.

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Exclusives

Exclusives

Insurance InterContinental 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.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.
Insurance MSIG Asia’s CEO shares approach to risk management evolution
CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.

Top News

Insurers struggle to balance customer acquisition and retention: study
Customer retention is crucial in markets where new buyer growth has stagnated.
Guy Carp appoints new managing director for credit, bond and political risk division
Chu has been in the reinsurance market throughout his 30-year career.
CGF’s underwriting performance to remain subdued: Fitch Ratings
The company incurred an underwriting loss of $358.4k (LKR107m) in 2023
Private market investments surge amongst 73% of insurers
Optimising fixed income portfolios amongst prime investment opportunities for insurers in the next 12 months.
HKIA, ICAC target suspected unlicensed insurance sales to mainland China
The first joint operation led to the arrest of a broker and a referrer.
Momentum Life logs gains with expansion, strategy: AM Best
The company’s capital remains enough to support other operations despite a planned expansion.
Over 1.3 billion have basic medical insurance in China 
This accounts for over 95% of the nation’s total population.
China's medical insurance fund reports $470b revenue surge in 2023
Payment reforms are urged for a stable healthcare fund.
AM Best projects “modest profitability” for Tugu Insurance
The company’s financial performance was mixed in 2023.
Allianz Partners and Foodbank to host food events in Australia
The initiative aims to alleviate the financial pressures faced by international students.
HKIA launches anti-scam charter with financial regulators
The initiative involves 230 participating institutions.
‘Super election year’ heightens political violence risks – Allianz Commercial
Financial impact of past civil unrest incidents reached around $13b.
IG's reinsurance to buffer Baltimore bridge loss
The Singapore-based vessel, Dali, is insured by Grace Ocean.
Taiwan's non-life insurers unlikely to see big quake claims – AM Best
Some insurers could benefit from robust parental financial support, as mandated by regulations.
Sompo Singapore to bolster regional strategy – S&P Global
The company is unlikely to be divested by the group, says S&P Global.

Exclusives

Insurance InterContinental 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.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.
Insurance MSIG Asia’s CEO shares approach to risk management evolution
CEO Clemens Philippi explains why MSIG Asia is sticking with a Japanese-based strategy of thinking long-term and prioritising sustainability.

Join the Insurance Asia community