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: HKIA introduces caps, MS&AD merges two subsidiaries, Prudential names new regional CEO
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.
This week in insurance: Philippines to expand coverage for OFWS, Allianz sells stake in 2 Indian units, Manulife Asia gets new CEO
Financial security and coverage seems to lack amongst business leaders and mothers.
This week in insurance: Malaysia offers premium freeze, M&A falls 25%, Manulife extends medical partnership
Cyber liability coverage is primarily targeting small-to-midsize enterprises.
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
Vietnam also aims to amend the law on deposit insurance.
This week in insurance: Australia's insurance sector faces cost pressures
6 in 10 Australians said they are willing to spend more on protection against disasters.
This week in insurance: Sompo splits business, Aon’s new APAC CEO, and growth across financials
FWD also announced the retirement of Richard Sun Po Yuen from the board.
This week in Insurance: Meiji Yasuda’s $2.3b deal, Allianz eyes RAC, and regional growth gains
Taiwan, Singapore, and the Philippines recorded positive market growths.
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He says risk management has drifted from core underwriting toward compliance functions.
