insurance
QBE names new CEO for South Asia and head of Partnerships in Asia
QBE names new CEO for South Asia and head of Partnerships in Asia
Both will be based in Singapore and report to Rob Kosova, CEO of QBE Asia.
Ping An Insurance earnings dip 7% in H1 2025
But it’s life and health segment kept it afloat with NBV surging 39.8% YoY.
APAC slated for 20% of global pet insurance market in 2025
Employer benefits programmes offering pet insurance have increased by 30%.
How much did Singapore’s life insurers pay out in H1 2025?
Investment-linked products made up 43% of new sales in the period.
Allianz Malaysia lifts life profit 12.1% YoY with $61.1m in H1 2025
Group insurance revenue for the second quarter (Q2 2025) rose 10.9% YoY.
Manulife Hong Kong and Macau bolsters growth with senior appointments
It announced three C-level appointments.
Willis expands broking team in Japan with 22 new professionals
It also had senior hires.
Sun Life posts P28.9b premium income in Philippines Q2 2025
The insurer said it retained its position as the country’s top life insurer.
Insurance fraud worldwide estimated to exceed $80b annually in 2025
Asia-Pacific reported a 22% year-on-year increase in fraudulent claims in 2023.
Malayan Insurance outlook stable as earnings supported by investment income
AM Best emphasised continued underwriting volatility from catastrophe and large loss events.
Howden appoints Chris Hughes as CEO of broking in New Zealand
He will report to Matt Bacon, CEO of Howden Pacific.
India’s non-life insurance premiums rise 2.4% in July 2024
The Bima Trinity initiative is expected to drive further sector growth.
APAC’s takaful insurance market to grow fastest with 18.4% CAGR by 2032
Globally, the market is projected to bag $126.8b by 2032.
This week in insurance: Bupa HK unveils Blua Health Pass; FWD HK new insurance plan; MS&AD $1.51b net income in Q1
Worldwide, the insurer’s revenue rose 8% on a currency-adjusted basis to $5.92b.
KDB Life reorganises third insurance portfolio to drive profitability growth
The initiative includes tighter profitability checks and a pre-alert system.
AIA Singapore posts 16% rise in new business value in H1 2025
Annualised new premium (ANP) rose 28% to $547m.
AM Best expects Malaysian Life Re performance to remain adequate in 2025
In 2024, Malaysian Life Re reported a negative insurance service result.
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1. India insurance market sees moderating premium growth: Report 2. Remote job demand in Singapore insurance rises 15.3% 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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