insurance

Mobile phone insurance tops $70b as telcos tighten grip on sales

Operator channels are projected to control $23.3b of premiums by 2029 through bundled handset plans.

Hong Leong Insurance seen to expand commercial lines

Capital is expected to continue to be supported by underwriting profits and investment income.

Malaysian committee pushes transparency as healthcare financing flaws persist

Its mandate includes finding root causes and building practical fixes across the insurance and takaful system.

South Korea eases retrocession paperwork as reinsurers lose direct consent

Primary insurers can now obtain policyholder approval on reinsurers’ behalf.

AI surge strains insurers as 35% demand auditable compliant outputs

Governance pressure shows up with 40% calling for clear frameworks in solution use.

Taiwan insurers' profit slumps 39% to $7b by November 2025

Life carriers drove the drop whiste non life results expanded over the same period.

Japan insurance market lags as Asahi ransomware breach hits millions

Cybercrime becomes top Japan business risk as 61% fear attacks.

Hong Kong 9M 2025 premiums hit $82.8b as growth surges 32.5%

Revenue premiums from in-force policies climbed 36.6% to reach a total of $72b.

Thai Life’s earnings to climb 6% this year amidst higher premiums

An industry shift toward co-payment health plans could limit its market share growth.

Meiji Yasuda faces equity and forex risk despite stable book

AM Best points to large market-sensitive investments within a solid capital base.

Malaysian Re may face pressure as AM Best warns of softening market

Earnings were described as robust in the first half of fiscal 2026.

Prudential buys 19% of SHS for $375m to lift stake to 70%

Minority profit and equity attribution falls as the partner holding drops to 30%.

Credit, political risk insurance softens as underwriter shortage drives up costs

New entrants face rising hiring bills and heavier expense ratios in 2026.

Sri Lankan insurers brace for 2025 profit squeeze as non-motor losses mount

Low retention and strong reinsurance keep most rated credit profiles intact.

This week in insurance: AI adoption accelerates, premium growth slows, Zurich raises bid for Beazley

Philippine-based GCash is giving away insurance coverage to borrowers of GLoan feature.