General insurance
Philippine insurers trapped by price tariffs as disaster risks escalate
Philippine insurers trapped by price tariffs as disaster risks escalate
Non-life combined ratios surged to 95.4% as operational costs and disaster risks mount.
South Korean insurers post 14.5% profit drop in 2025
Total premium income reached $179b across life and non-life segments.
Commercial insurance premiums to reach $1.4t in 2025
Reinsurance capital hit $760b, increasing competition across the sector.
New Zealand insurers recover profits as premiums surge 8.6%
The sector posted $7.8b in total premiums in 2024 after steep repricing.
Singapore’s domestic general insurance rises 8.4% in 2025
Despite the growth in revenue, net incurred claims for the domestic market also increased.
Shriram General Insurance expands cover as medical cost gaps widen
The policy can refill the insured amount repeatedly within the same year after each exhaustion.
Hong Kong insurers post weaker 2024 as premiums slip
This is based on the recent data released by the Insurance Authority for the 2024 fiscal year.
Philippines’ insurance penetration stalls at 1.79% as payouts hit $3b
Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years.
HK-China insurers target offshore wealth as agent count hits 5.5-year high
Expanding HK talent schemes drove life insurance agent numbers up 9% by December 2025.
Commercial insurance hits $2t by 2034 as mandates tighten
UNCTAD says Q1 2024 goods trade pushed cross-border exposure.
Non-life insurance outlook holds as India cuts GST to 0%
Individual life and health cover have become more affordable after the tax rate fell from 18%.
Taiwan insurance profits plummet 43.3% to $6.2b in December
Total industry earnings sink as life insurance sector profits halve in 2025.
Shriram General profit jumps 26% in FY 2026 on motor-led growth
Net income reached $18m in Q3 FY 2026 as motor premiums hit $129m.
Hong Kong insurance hiring spikes amidst $55b premium windfall
Massive H1 2025 revenue fuels aggressive hiring for digital transformation roles.
How will soaring home prices reshape Singapore’s insurance market?
Private rents may rise by as much as 2%. whilst home prices are seen increasing 2% to 4%.
Hong Kong insurers settle 85% of Wang Fuk Court fire claims worth $66.3m
IA confirms 1,032 claims closed but inspections stall final 156 cases.
Etiqa General Insurance retention at 33.7% raises credit risk on recoverables
AM Best expects pricing discipline and corrective actions even as underwriting pressure builds.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
