insurance

China's non-life insurance sector should remain stable: AM Best

Insurers continue to face weak domestic demand, the agency said.

Samsung Life Insurance names Lee Seung-Ho as its new company president

He previously led the digital division at Samsung Securities.

Tokio Marine Holdings set to expand specialty offerings in US agriculture sector

The deal is expected to close in the first quarter of 2026, pending regulatory approvals.

2 in 5 Indians with disabilities lack health insurance

Despite government intervention, many persons with disability are still left out of proper coverage.

Guaranteed asset protection insurance guaranteed to reach $12b by 2033

Demand continues to rise as vehicle accidents increase and more consumers finance new and used cars. 

Why Indian companies increase use of insurance after cyber threats rise

Indian companies reported heavy financial losses tied to key insurable risks.

Nonghyup P&C maintains capital well above regulatory minimums despite pressure

AM Best said it expects it to keep its capital levels well above regulatory minimums.

China Re maintains strong capital position over short to medium term

AM Best highlighted that China Re’s investment mix has stayed largely stable.

Sompo Holdings sees better fire and casualty margins improving outlook

Morningstar now expects Sompo’s net profit to reach about ¥520b in fiscal 2026.

AIA Hong Kong & Macau launches new plan with 115 conditions for families

AIA also launched a lower-cost option covering 58 critical illnesses.

Pet insurance plan services market slated for CAGR 16.2% by 2029

Key trends shaping the market include tele-veterinary services.

Tokio Marine faces near-term pressure despite steady domestic outlook

International profit reached only 49% of the full-year plan thus far.

How stable is Hong Kong’s insurance market?

Hong Kong saw $13.1b (HK$100.5b) in general insurance gross premiums for 2024. 

Insurance IT market posts 11.6% growth in 2025

Looking ahead, the market is projected to reach $514.5b by 2029.

Malaysia sees stable non-life growth amidst premium rise

Gross direct premiums reached $5.43b in 2024, up 7% from the previous year.