General insurance
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
Zurich Kotak General Insurance reveals two new appointments
Both appointments will focus on the company’s Commercial Insurance unit.
Shriram General wins ₹28.6m claim case with fraud ruling in Rajasthan
The case involved a Toyota Fortuner insured by SGIC.
Asia’s construction casualty insurance market to stay stable
Premium reductions are more likely in softer markets like Korea and China.
India’s non-life premiums rise 6.5% YoY in May
CareEdge expects standalone health insurers (SAHIs) to continue leading in the retail.
Taiwan non-life premiums rise on tighter underwriting discipline
Motor insurance remained the largest segment.
South Korean insurers Q1 2025 net income contracts 15.8% YoY
Both its life and general insurance sectors recorded declines.
GIAJ enhances compliance support with new rules and seminars after leaks
It also announced the formulation of whistleblowing mechanisms.
Revised solvency rules could spur new wave of Malaysian insurance M&As
Insurers must provide capital for increased risk from floods, among other charges.
Asia sees sustained growth in construction insurance in 2024
However, insurers are pursuing profitability and program stability over the long term.
AM Best sees South Korea's non-life growth in health and property lines
Ongoing regulatory changes are driving insurers to strengthen capital.
GIA warns public on scam calls impersonating insurance reps
Scammers are using local mobile numbers beginning with “+65” or “8”.
South Korea’s motor insurance grows 2.4% in 2025 with rate hikes
Motor insurance remains the largest segment in the general insurance industry.
Asia’s insurance markets grow in 2024 on life, health gains
China led Asia’s life insurance recovery.
Cambodian insurers grow Q1 gross premiums 6% to $102.3m
The industry’s financial income expanded 7% YoY to $11.9m.
South Korean insurers post $159m overseas profit in 2024
Asian operations posted a YoY decline in net income of $16.3m.
Japan’s top four insurers grow profit 60% in fiscal 2024
However, these insurers expect earnings for fiscal 2025 to ease slightly.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
