insurance
2.6 million Australians don’t have health insurance
2.6 million Australians don’t have health insurance
Meanwhile, general insurance gained more traction due to increased awareness.
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
Japan's auto insurance premiums set to rise in 2026
A rating organisation intends to raise its reference premium rates by an average of 5.7%.
What five challenges do companies face transitioning to captives?
Only 5% to 6% of global captives are headquartered in the region.
Igloo tells 3 strategies to captivate Gen Z in Southeast Asia
40% of Gen Z are worried about making poor financial choices.
Tokio Marine opens new financial advisory arm in Singapore
The life insurer aims to offer a more integrated financial service experience.
Insurers hold 9% to 12% in commercial real estate investments globally
China, whilst strong in absolute terms, is weak relatively.
Climate insurtech seals deal to offer parametric insurance in Asia
Extreme weather events cost global agriculture $10b to $15b annually.
Prudential Singapore gets new CEO
She will also manage Prudential Financial Advisers Singapore.
Chubb Life to focus on steady profit in Asia
This is supported by stable business growth and risk control in Hong Kong market.
Korean insurers' profitability bolstered by strong CSM release
Insurers saw a 46% increase in net profits, attributed to the adoption of IFRS17.
Taiwan's new EV insurance plans to ensure fair pricing
Premium rates for EVs won't exceed those for gas vehicles by 50%.
Zurich Insurance to boost India workforce by 40%
This is equivalent to 600 employees.
Japanese insurer plans merger of European branches
The merger is aimed to be completed around the summer of next year.
Lockton bags 4th year of double-digit growth in organic revenues
It climbed 14% YoY.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
AXA Hong Kong’s new plan covers 135 critical illness
This series provides up to 1,300% of the sum insured for major illnesses.
Commentary
AI isn’t replacing insurance, it’s finally making it work