insurance
Electric energy insurance market to hit $4.97b by 2029
Electric energy insurance market to hit $4.97b by 2029
Asia-Pacific is forecast to record the fastest growth in the coming years.
Insurance Council of Australia pushes for lower corporate tax rates
The council, instead, recommends creating a A$30.15b flood defence fund.
Insured losses from Kathmandu riots rise sharply, says AM Best
Domestic reinsurers also face capital strain.
Sun Life Philippines brings financial guidance to MSMEs with Go Negosyo
Advisors will be present to provide business owners with insurance guidance.
Tokio Marine Kiln enhances Cyber Ctrl with AI risk protection
The update includes a new Professional Ctrl policy.
Allianz Partners expands plans with new health benefits for SMEs
The plans cover businesses with three to 100 employees.
India exempts individual health insurance premiums from 18% GST
The change lowers costs for policyholders.
Specialty insurance market to triple by 2032
This shows a compound annual growth rate of 10.7%.
Vietnam targets 95% health insurance coverage by 2026 under resolution
Authorities are expanding coverage through employer–employee contributions.
How India’s two-wheeler insurance claims rose 15% in 2024
EV-related claims are 18% to 20% more frequent than petrol bike.
Trigger flaws challenge growth of parametric insurance
Rapid expansion faces hurdles from flawed triggers and basis risk.
Igloo links with Telkomsel to provide gadget and screen insurance
In 2023, Indonesia saw 3,300 cyberattacks weekly.
Generali China Insurance uses drones to improve solar plant coverage
Quantified Energy’s drones use electroluminescence imaging to spot hidden defects.
HSBC Life unveils retirement-focused income insurance plan
The product also provides health protection benefits.
India non-life insurance premiums growth eases to 1.6% in August 2025
Growth in health, fire, and engineering insurance partly offset the decline.
Hong Kong Insurance Authority mandates labeling of savings products
This is to avoid confusion with bank deposits.
Vietnam Social Security reports 19.3m workers with insurance
This is also equal to 40.8% of the country’s workforce.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 3. Manulife to sell MVI Life to Japan’s Asahi Life 4. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fire 5. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniorsResource Center
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AI isn’t replacing insurance, it’s finally making it work