insurance
Vietnam nears 2025 social insurance goals, projected 20 million participants
Vietnam nears 2025 social insurance goals, projected 20 million participants
By 2024, health insurance participants is seen to reach 95 million.
Protection and indemnity combined ratio drops to 96% in 2023/24
The year was dominated by the Dali incident, which occurred in March.
Rising healthcare costs drive growth in Indian insurance: McKinsey
From FY 2020 to FY 2023, the industry saw a CAGR of 11%.
Zurich eyes to surpass 23% ROE in next three years
It also aims to achieve core EPS with a CAGR of over 9%.
Half of risk leaders confident in current strategy: WTW
23% of respondents said supply chain issues as a critical challenge.
Allianz Asia Pacific's business volume jumps 16%
The annualised premium (ANP) for Life/Health grew 14%.
MS First Capital Insurance’s underwriting drives consistent profitability
Shareholders’ equity, which reached $900m (S$1.2b) in 2023.
Construction Guarantee’s focus on public projects mitigates economic risks
CG's regulatory capital ratio improved to 225% in 2023.
Liability insurers adjust to spike in US nuclear verdicts
In 2023 alone, nuclear verdicts increased by over 27%.
Philippine’s premiums jump 14% in Q3 2024
It bagged $5.58b during the quarter.
NorthStandard raises premiums by 5% for 2025-2026
By mid-2024, NorthStandard recorded 14 large claims exceeding $1m.
Tokio Marine Holdings raises full-year net income forecast by $258m
Its first-half net income surged 77% YoY.
APAC’s insurance third-party administrator market to reach $515b by 2030
Globally, it is seen to reach $515b by 2030.
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
Zurich Malaysia offers motorcycle insurance on Shopee
It includes add-ons like passenger liability, natural disaster protection, and strike coverage.
Insurance sector sees surge in patent filings for data analytics to 1,978
There are over 13,750 patents filed to date.
Fujitsu, SAP Fioneer launch cloud platform for insurers
It aims to help insurers modernise operations.
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1. Top insurers honoured at Insurance Asia Awards 2026 2. Digital banks bet on AI to unlock outsized ROI 3. Fraud costs expose Hong Kong insurers’ payments lag 4. Human oversight remains central as insurers adopt agentic AI: valantic 5. Travel trends reshape banks' payment strategies: EuromonitorResource Center
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The Group was recognised in Papua New Guinea and Fiji for insurance, bancassurance, and partnerships.
Commentary
Why expanding embedded insurance is Asian telcos’ next differentiator