insurance

Marine insurance rises 1.5% in 2024

Marine insurance rises 1.5% in 2024

This was driven by higher trade volumes and vessel values.

Driver accident insurance market to reach $9.5b by 2029

Growth will likely be supported by the wider use of telematics in insurance products.

Hang Seng Insurance maintains solid capital strength through 2027

Weighted new business sales were up 49% in the first half of 2025. 

China Pacific Insurance expects continued premium growth into 2026

New business value (NBV) grew 31% in the first nine months of the year.

How insurance markets are rewarding buyers with lower global rates

But Aon warns that volatility in property, cyber, and casualty lines remains a concern.

Tokio Marine completes $615m purchase of Ignyte’s auto business

Tokio Marine expects growth in the collector vehicle segment in the US.

Taiwan insurers bag $4b in September 2025

Life insurers saw their profit contract.

Vietnam Social Security enforces late payment fines at 0.03% daily

Within the first 10 days of each month, VSS will send written reminders to employers.

WTW expects busy renewals as aviation rates diverge in Q4

They also forecast single-digit percentage increases in rates.

What will drive Singapore’s general insurance market to bag $6.5 by 2030?

PA&H market alone is projected to make up a fourth of the sector’s total premiums.

Forrester forecasts 15% growth in cyber insurance amidst AI risks

Insurers are advised to offer tools for risk mitigation and new underwriting models.

Income Insurance partners Beecroft to launch cashless pet surgeries

Co-insurance and deductibles will still apply based on each customer’s policy terms.

AIA Group sees growth upgrade after upbeat third-quarter results

The revision reflects stronger sales in China and Malaysia.

Ping An set for solid growth through 2026 on strong NBV: Morningstar

This is backed by a 46% jump in NBV growth and stable agent headcount.

Why 1 in 5 think AI will replace human insurance agents

Over half were comfortable using AI with a human option available.