Insurance premiums
Philippines life insurance rises whilst non-life declines in Q4 2024
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
2 days ago
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.
SBI General Insurance 9M 2025 profit skyrockets
The company’s gross written premium (GWP) rose by 10.9% YoY.
India life insurance premiums rise 6.1% in FY 2023-24
Insurers also issued 291.77 lakh new policies under individual businesses.
India's non-life insurance premiums dip slightly in December 2024
Because of revised reporting requirements that defer long-term policy recognition.
India’s life insurance sector bound for 6.9% annual growth: Swiss Re
Total premium volumes predicted to increase by an average of 7.3%.
Manulife’s new single-premium policy offers annual yield of 4%
The policy is available for a minimum premium of $3,650.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Commercial insurance set to grow at 7.5% CAGR by 2032
Asia Pacific led the market with a share of over 23% in 2023.
Taiwan life insurers record $35b in H1 premiums
First-year premium (FYP) income rose 7.24% YoY to $11.62b.
Japan P&I Club hikes premiums 7% for 2025
The decision comes as the association grapples with a high volume of claims.
Japan’s insurance sector sees stability amidst premium boom
Premium income has increased over the past two years.
ICA backs Senate's recommendations on climate risk impact on insurance premiums
Insured losses reached $2.19b between 2023 and 2024 due to four extreme weather events.
Thought Leadership Centre
In Association with
Most Read
1. MSIG Asia, RiskPoint bet on renewable energy insurance 2. UOI proposes $8.9m final and special dividends for FY2024 3. Global insurtech funding hits seven-year low in 2024 4. Singapore's life insurance workforce shrinks by 2.3% in 2024 5. Wealthy Chinese use insurance for legacy-planningResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
Events
Event News
Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers