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: Sompo–Guidewire cloud partnership, Swiss Re acquires QBE credit and surety unit, Zurich moves to buy ClearView.
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.
4 days ago
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.
This week in insurance: India slows, Singapore scam losses hit $16.6m, Tata AIA launches new funds
Also, most Australians rely on customer reviews when choosing a health insurer.
This week in insurance: India’s OPD surge, bolttech-BYD deal, HSBC tops HNW survey, Sun Life expands in PH
Sompo Japan, Momentick, and JGC launch methane detection solution tied to insurance coverage.
This week in insurance: bolttech expands, Manulife widens access, Allianz-ShopeePay roll out cover
Hong Kong sets 50% benchmark on referral fees paid by licensed insurance brokers.
This week in insurance: Bupa HK unveils Blua Health Pass; FWD HK new insurance plan; MS&AD $1.51b net income in Q1
Worldwide, the insurer’s revenue rose 8% on a currency-adjusted basis to $5.92b.
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1. This week in insurance: Sompo–Guidewire cloud partnership, Swiss Re acquires QBE credit and surety unit, Zurich moves to buy ClearView. 2. Hong Kong insurers post weaker 2024 as premiums slip 3. Zurich Cover-More taps Ford to drive Asia travel expansion 4. Zurich Cover-More CEO exits after acquisition 5. Insurance demand amongst Indians surges as weddings shift overseasResource Center
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