insurance
China Taiping Insurance Singapore sustains steady growth outlook
China Taiping Insurance Singapore sustains steady growth outlook
Its 2024 results are driven by insurance service outcomes and investment income.
Luen Fung Hang Insurance expected to maintain steady performance
LFH benefits from strong bancassurance distribution.
Prudential keeps business plans steady after D-SII designation
The insurer said it remains strongly capitalised.
Phoenix Mills secures India’s first pandemic business cover
The parametric insurance policy was launched by New India Assurance.
WTW urges financial firms to prioritise insurance in M&A deals
WTW said 47% of claims come from the insured’s own shareholders, investors.
Marsh says P&I clubs remain cautious despite strong capital buffers
The outlook for the 2026 renewal season remains uncertain.
Aon reports $114b in insured losses from 2025 disasters
Total economic losses stood at a minimum of $203b in the first 9 months.
Dah Sing Insurance strengthens position with improved capital base
DSI's business plan suggests continued growth via new initiatives, said AM Best.
Great Eastern bets on AI, specialised products in strategy revamp
It plans to expand its products for high-net-worth people and SME owners.
This week in insurance: Aussies misjudge EV costs, India tightens fraud rules, AIA flags retirement gap
Singlife also launched an AI tool whilst Marsh plans rebrand.
PNB MetLife launches pension fund with Policybazaar partnership
The fund is priced at $0.11 (₹10) per unit.
Japan Post Insurance outlook steady as profitability shows gradual lift
Moody's said Japan Post Insurance is stable thanks to conservatism.
Transactional risk insurance claims rise in India as M&A deals grow
Insurers have so far paid out about $1m, with other claims still being processed.
Global natural catastrophe losses keep insurers within budgets this year
In Asia, monsoon flooding and localised storm losses were main events of the year.
APAC’s guaranteed auto protection insurance market slated for 13.2% CAGR
Globally, the market is expected to grow from $3.2b in 2021 to $8b by 2031.
Willis reports mining insurance market softens as capacity rises
The influx of capacity has intensified competition amongst insurers.
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work