General insurance
Hong Kong’s insurance premiums reach $83b in 2024
Hong Kong’s insurance premiums reach $83b in 2024
Both long-term and general insurance sectors registered notable increases.
1 day ago
India’s non-life insurance sees flat growth in FY 2025
It was dragged by the low passenger vehicle sales growth during the period.
5 days ago
Japan’s top P&C insurers post double-digit profit growth in fiscal 2024
Domestic net premiums written also grew across all three insurers.
6 days ago
Australian insurers report $6.1b profit on benign hazard period: KPMG
Profits before investment income and after taxes were $3.1b.
6 days ago
MSIG Insurance inaugurates assisted living cover for personal accident holders
This benefit was previously available only through life insurance.
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.
S&P says insurers can absorb South Korea wildfire losses
The fire was the worst on record since 1987.
Hong Kong expands ECIC cover with SME export support
ECIC will extend free pre-shipment cover for holders of its Small Business Policy.
MSIG Singapore unveils pet insurance with up to $15k coverage
It also includes complementary therapies such as acupuncture and physiotherapy.
Singlife Financial Advisers CEO to stick to growth roadmap
The market is ever changing, and SFA would adjust its strategy and pivot when needed.
Malaysian insurers expedite claims for Putra Heights explosion victims
The association expects high volume of claims.
Taiwan insurers’ pre-tax profit rises 3.1% YoY in February 2025
Life insurance enterprises accounted for $1.64b of the total.
ICA calls for reforms as motor insurance premiums hit A$1,052 in 2024
Car repair bills now making up 60% of claim costs.
GIAJ approves guidelines to enhance insurance agent business quality
Education and examination system for agents and solicitors will also be improved.
Pet insurance market set for 13% annual growth through 2033
APAC is recognised as an emerging market due to rising disposable incomes.
Singapore general insurance increases 6.3% YoY in 2024
Underwriting profit also rose by 5.6% YoY.
India non-life insurers face impact from 1/n rule transition: CareEdge
Despite decline, experts predict premiums for to exceed Rs3 lakh.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs