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: HNW products debut in PH, SG, HK; UOI ups tech spend; Vietnam cuts UI costs for hiring disabled
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.
This week in insurance: Prudential’s new CEOs, PH push for private riders benefits, India lacks coverage awareness
In India, only a third of policyholders are aware of the coverage details of their health insurance plans.
This week in insurance: GAIP’s new CEO, Zurich offers takaful on Shopee, Japan's worker shortage
Hong Kong travellers also rush to buy insurance amidst safety concerns.
This week in insurance: HK’s first children’s CI coverage, Singapore hobbyists covered, Mental health claims rise in India
Markel Insurance also unveiled a Clinical Trials insurance product.
This week in insurance: Insurers scale back on HK boomers, China eyes nonstandard securitisations, Zhibao's new reinsurance unit
Losses from the 7.7-magnitude Myanmar earthquake in March will also be absorbed by reinsurers.
This week in insurance: Japan seeks int’l growth, Ping An cuts carbon footprint, Tokio Marine sells Mitsubishi stake
AXA Hong Kong and Macau also partnered with Ant Bank (Hong Kong) and AlipayHK.
This week in insurance: HKIA introduces caps, MS&AD merges two subsidiaries, Prudential names new regional CEO
Taiwan’s life insurance sector is set to remain volatile in 2025 due to shifting surplus components.
This week in insurance: Singapore's insurance sector sees market growth
The general insurance sector’s gross written premiums climb 6.3% YoY to $8.1b.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness