Insurance Wrap-Up
A weekly summary of industry updates on Asia-Pacific’s insurance sector, covering regulatory developments, market trends, corporate movements, and other key changes shaping the industry.
This week in insurance: Sri Lanka coverage push after cyclone, India backs maritime pool, insurtech deals
This week in insurance: Sri Lanka coverage push after cyclone, India backs maritime pool, insurtech deals
Big Singapore firms also said they have higher exposure to insurance and security-related costs.
This week in insurance: Asia reinsurance prices fall, Middle East tensions raise risk, insurers roll out AI and legacy products
Ongoing conflict in the Middle East is increasing operational and insurance pressures.
This week in insurance: New health and cyber products launch, Japan solvency remains strong, AI focus intensifies
Reinsurance renewals at 1 April continued the softening trend.
This week in insurance: New partnerships roll out, hiring outlook steady, and tech spending ramps up
Etiqa Insurance Singapore and AIA Singapore have also partnered for takaful solutions.
This week in insurance: Sompo–Guidewire cloud partnership, Swiss Re acquires QBE credit and surety unit, Zurich moves to buy ClearView.
Manulife and Mahindra & Mahindra appointed Suresh Agarwal as CEO designate.
This week in insurance: Aon names Risk Capital CEO, SB Finance launches job-loss cover, Beazley takeover talks extended
Regulators in Singapore and Thailand have also made moves this week.
This week in insurance: Taiwan profits slide, cyber and fraud covers roll out, regional leadership reshuffle
Markel Insurance appointed John Bang as its inaugural head of Korea and Japan.
This week in insurance: MS Amlin UAE tie-up, Zurich eyes Beazley buyout, Bharti AXA bancassurance push
Aon Plc also announced the appointment of Karl Hamann as CEO of the Philippines.
This week in insurance: Prudential boosts Malaysia stake, Ping An tops brand rankings, new partnerships emerge
Great Eastern has also unveiled a physical gold investment-linked policy.
This week in insurance: AI adoption accelerates, premium growth slows, Zurich raises bid for Beazley
Philippine-based GCash is giving away insurance coverage to borrowers of GLoan feature.
This week in insurance: Policybazaar rolls out online home loan cover, Allianz reshapes India presence, HSBC reviews Singapore life business
Sun Life Philippines also named its new CEO and country head.
This week in insurance: New life and savings products roll out, bancassurance deals expand across Asia
An Indian insurer has also partnered with a bank to expand coverage in the market.
This week in insurance: Malaysia sees CEO shake-ups, AI set to reshape operations, HK underwriting hit by new losses
Meanwhile, demand for remote work in Singapore’s insurance sector increased 15.3%.
This week in insurance: Cbus fined $15.3m, insurers make new appointments, Tokio Marine expands agri US offerings
Manulife Asia appointed a new CFO.
This week in insurance: Asia insurers ink multiple deals, Manulife–Mahindra JV unveiled, HLA rolls out legacy product
Singlife has expanded its partnership with CIMB Singapore.
This week in insurance: Global disaster losses hit $114b, new HK claims hub launches, and Sun Life names new Asia bancassurance chief
Also, two platforms launch Hong Kong injury claims hub.
This week in insurance: Aussies misjudge EV costs, India tightens fraud rules, AIA flags retirement gap
Singlife also launched an AI tool whilst Marsh plans rebrand.
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