insurance
Critical illness insurance market to hit $295b by 2032
Critical illness insurance market to hit $295b by 2032
The region is likely to see significant expansion, driven by population growth.
Airline insurance market to stay soft in early 2025: WTW
Excess capacity drove rates downward throughout the year despite efforts to tame this.
Digit Insurance launches AQI-based policy for Delhi workers
Claims are triggered if the Air Quality Index surpasses 400 more than twice.
What challenges Asian women's financial readiness?
Healthcare costs are a significant barrier to financial security.
How financially prepared are Gen Alpha parents in Hong Kong?
Only 33% have concrete financial plans, whilst 18% have not started planning at all.
Pension assets hit $58.5t, up 4.9% in 2024
Australia eyes second-largest pension market spot by 2030.
Travel insurance woes rise amongst New Zealanders amidst global tensions
Prompting 73% of individuals to take out insurance.
Asei battles weak underwriting, high reserves in 2024: Fitch Ratings
Underwriting performance deteriorated, with combined ratio surging to 187% in ‘24.
Thai insurers tighten underwriting for flood-prone areas
Political uncertainty is also limiting near-term growth.
Great Eastern reduces stake in Boost Holdings
This was a result of an increase in BHSB's issued and paid-up share capital.
Cyber insurance expansion challenged by exposure limits
Industry insiders cited risk assessment as the biggest concern.
Tokio Marine & Nichido Fire underwriting profits to improve amidst rate hikes
Fitch expects premium rate increases to continue driving better underwriting results.
InsuranceDekho boosts agent network by 92% in 2024
It also aims to expand its footprint to six lakh villages.
Great Eastern’s FY 2024 earnings surge 30% YoY
EPS was at S$2.10.
6 in 10 Australians willing to spend more on protection against disasters
RAA CEO warned extreme events are driving up insurance costs.
Bupa adds voluntary health plan in Hong Kong portfolio
It offers high annual benefit limits with no lifetime cap.
Manulife, Maybank unveil new retirement investment plan
The plan utilised a glide path approach, which adapts to a client's evolving needs.
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