Insurance premiums
Heng An Standard Life triples new business premiums in Q1 2025
It holds ~50% of single premium broker channel for investment-liked assurance schemes.
Global insurers post 6.8% premium gain in 2024 on expansion
Eighteen out of the 20 companies reported premium growth.
Swiss Re sees global premium growth easing to 2% in 2025
China’s growth is expected to slow to 4.7% next year.
Demand for professional indemnity insurance in Asia, Australia grows: Aon
However, insurers are cautious about high-risk developments such as renewable energy.
Cambodia's gross premiums up 6.6% in April
Life insurance increased by 9.8% YoY to $16.3m.
Index shows 47.75% premium surge in India post-COVID
Male Indian policyholders continue to pay 20.12% more than female buyers.
Australian Reinsurance Pool sees insurer participation rise, cyclone pool gains
Access to insurance has improved as well, ARPC said.
Premiums of Cambodia’s insurers bag $30m in February
This was smaller than January’s $43m.
Cambodia insurance premiums rise 5.8% to $43m in January
This was larger than the previous month’s $34m.
16% plan insurance exit as Australian premiums spike
But 41% of Australians will keep their current provider.
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
South Korea’s life insurance market to bag $158b through 2029
The industry is projected to recover in 2024 after a decline in 2023.
Premium finance market to grow 10% by 2032
The life insurance segment is expected to surpass $75b by 2032.
Sri Lanka’s gross written premiums pencil 16.5% YoY in Q3 2024
However, earnings contracted by 8.31% YoY.
Cambodia’s December gross premiums increase by 9.4% YoY
This was larger than the previous month’s $25.6m.
Commentary
AI isn’t replacing insurance, it’s finally making it work