General insurance

Australia's insurers log 3,000 claims post-Cyclone Alfred

ICA CEO said to expect “many more thousands of claims.”
5 days ago

Philippine pre-need income doubles in Q4 2024

Also, the sector’s total assets grew by 8.12%.

Australia's insurance sectors report revenue growth in Q3 2024

Both the life and general insurance market’s earnings climbed QoQ.

Thailand’s non-life insurance rebound in 2023 driven by higher premiums

The market recorded an underwriting gain of THB13.0b in 2023

16% plan insurance exit as Australian premiums spike

But 41% of Australians will keep their current provider.

This week in insurance: Australia's insurance sector faces cost pressures

6 in 10 Australians said they are willing to spend more on protection against disasters. 

6 in 10 Australians willing to spend more on protection against disasters

RAA CEO warned extreme events are driving up insurance costs. 

Premium spikes threaten home insurance affordability in Australia

Mainly due to rising claims and increasing costs for insurers.

29% of micro-SMEs can't handle $10k setback despite coverage

59% of micro-SMEs have not updated their insurance since starting their business.

Singapore’s general insurance market slated for 6.4% in 2025

Thanks to regulation, economic growth, and demand for private health insurance.

How did the region’s insurance market rates compare with each other?

Korea, Malaysia, Singapore, and Thailand saw the largest commercial rate drops.

This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains

Taiwan, Singapore, and the Philippines recorded positive market growths.

Guaranteed auto protection insurance market slated for 7% CAGR through 2032

Automobile industry and awareness in China are driving GAP insurance adoption.

India's non-life insurance sector up 7% YoY in January

General insurers, the largest share, also surged during the month.

QBE underwrites CyberFender for Singapore SMBs protection

It protects against security breaches, interruptions, and cyber extortion.