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: Asia insurers ink multiple deals, Manulife–Mahindra JV unveiled, HLA rolls out legacy product
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.
This week in insurance: HNW products debut in PH, SG, HK; UOI ups tech spend; Vietnam cuts UI costs for hiring disabled
An insurer also plans to increase its tech investments by 50%.
This week in insurance: Taiwan backs digital insurers, India eyes parametric cover, Tokio Marine teams with Salesforce
It also saw significant catastrophe losses and HNW and investment-linked product launches.
This week in insurance: Insurance M&A volume falls, HK insurance premiums hit $28.6b, Tokio Marine rebrands direct auto insurance unit
Global insurance carrier M&A activity dropped to its lowest level.
This week in insurance: APAC engineering cover leads growth, H1 NatCat losses hit $84b, Allianz-Jio form India reinsurer
Global commercial insurance rates fell by 4% in the second quarter of 2025.
This week in insurance: Zurich pays $19.8m US claim, GEH stays public, Japan approves new quake cover
Prudential also unveiled a new CEO for its Vietnam arm.
This week in insurance: FWD IPO debuts, Global premium outlook dim, Thai claims rise from quake disaster
HSBC Life also launched a HNWI-specific product with gold tracking.
This week in insurance: YAS rolls out AI, Prudential upgrades with pet coverage, Resolution Life completes block transaction
Manulife Singapore also shared new digital initiatives.
This week in insurance: Air India crash pressures reinsurers, Japan expands overseas, Gen Zs suspicious of insurance
The Philippines’ pre-need sector also by 31.23% year-on-year.
This week in insurance: Great Eastern delists, Income Insurance covers Jetstar-affected, Sout Korea general insurers stable
Tokio Marine also appointed new leaders whilst India’s life insurance market recorded growth.
This week in insurance: UPI dominates payments in India, AXA re-domiciles to HK, Vietnam goes digital
In addition, SingWealth Holdings has obtained an insurance brokerage licence in Hong Kong.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work