insurance
China’s new guidelines push for broader coverage, better services by 2029
China’s new guidelines push for broader coverage, better services by 2029
It also aims to curb illegal activities in the sector.
Vietnam ensures insurance access in Typhoon Yagi-hit areas
Facilities providing health insurance-covered treatment can make advance payments.
Insurance value creation rises amidst regional disparities
Asia Pacific contributed just over $100b to the five-year total.
Japanese worry most about loss of property, life
88.9% of respondents cited earthquakes as their primary concern.
Asei's capital ratio falls amid high claims
Its risk-based capital ratio dropped to 208% by the end of June.
Extended mortality risks loom for insurers
Insurers will need reassessment of mortality portfolios.
Indians regret delaying term insurance start
Only 11% review their coverage annually.
Resolution Life welcomes new president from Swiss Re
Ojeisekhoba will oversee the commercial division of Resolution Life.
Lloyd's faces volatility from catastrophe, long-tail risks
Reinsurance, the largest segment of Lloyd’s, contributed US$23b in GWP last year.
Zhibao expands homeowners' insurance to Nanjing
The product is backed by six insurers.
CALI supports ban on genetic data in insurance
The 5-year review will allow the law to adapt to genetic testing.
Poultry insurance sees growth from diet changes
High costs, especially for large-scale operations, still pose a challenge.
Parametric insurance market set to double by 2033
The manufacturing sector held the largest share of the market in 2023.
India's life insurance APE growth slows to 10.5% in August
LIC's performance in 5M FY 2025 outpaced its private sector peers
Kyobo Life reports $6b gross premiums in H1 2024
However, investment profits dropped 41.4% QoQ.
Cosmetology liability insurance market to grow by 5%
The cosmetics and beauty industry has also noted a rise in employment.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
Commentary
AI isn’t replacing insurance, it’s finally making it work