General insurance
Asia’s insurance markets grow in 2024 on life, health gains
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.
South Korean insurers bag $10b in profits for 2024
The increase was mainly driven by higher investment income across life and non-life.
Allianz Malaysia Berhad posts 14.3% rise in insurance revenue for Q1 2025
This is equivalent to reaching $367.2m during the period.
How did the Philippines’ insurance market perform in Q1 2025?
The commission expects this momentum to continue through the year.
Taiwan insurers post $30.7b in Q1 pre-tax profit for 2025
Both life and non-life insurance markets recorded YoY contractions.
Japan’s non-life insurers strengthen as oversight improves
The FSA has also introduced stricter governance requirements.
India’s non-life insurance insurance sector grows 13.5% YoY in April
Growth during the month was supported by renewals.
Vietnam life insurance grows 4.3% YoY in new contracts
General insurance products maintained their lead as the primary business line.
Vietnam general insurance market to grow 7% annually through 2029
The sector is expected to grow 5.9% year-on-year this 2025.
87% of Singaporeans eye travel insurance purchase this year
Travellers said they want to be covered against scams or theft.
New Zealand insurance market to hit $9.6b GWP by 2029
The market is forecast to expand by 10.3% this year.
Japan’s insurers disbursed $730m on disasters including Noto quake
Ishikawa Prefecture recorded the highest payouts.
FM unveils $1b membership credit for policyholders in 2025–2026
Policyholders with 10 to fewer than 15 years will receive 12.5%.
Fine art insurance market set to reach $838.4b by 2034
APAC is seen as the fastest-growing region.
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