General insurance
Hong Kong expands ECIC cover with SME export support
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.
India’s non-life insurance sector dips 2.82% in February
General insurers, the largest share, recorded a contraction.
How financially prepared are Filipino women?
Over half of women are saving for their parents' current or future elderly care.
KoverNow, Aristo Watch partner for luxury timepieces coverage
The insurer also offers plans for jewellery and handbags.
Australia's insurers log 3,000 claims post-Cyclone Alfred
ICA CEO said to expect “many more thousands of claims.”
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
Commentary
AI isn’t replacing insurance, it’s finally making it work