insurance
India’s pushes for reintroduction of tax exemptions
Tax benefits currently exist for health and life insurance premiums, albeit capped and complex.
India’s pushes for reintroduction of tax exemptions
Tax benefits currently exist for health and life insurance premiums, albeit capped and complex.
Thai association cautions on insurance coverage for EVs
Tokio Marine Safety Insurance temporarily suspended standard premiums.
Nat Re posts record profits in 45th year
It saw its net profits surge 862% to $9m.
Suncorp confirms FY 2025 reinsurance programme placement
The cost of the FY 2025 programme is expected to be similar to FY 2024.
HKFI launches check scheme for insurance agents
The scheme aims to prevent problematic agents from moving between firms.
MAPFRE RE gets China’s approval to operate in Bejing
MAPFRE RE will proceed with pre-opening steps in compliance with local regulations.
HK insurers may need capital boosts due to new rules
The new regime could be costly for insurers.
Current hard market challenges new reinsurer entries
Mainly these are competition, capital raising, and higher barriers to entry.
India's M&A insurance market sees competitive shift
Value of deals surged by 60% to $20b in Q1 2024.
New pet critical illness cover introduced in Hong Kong
It is available to pets of any age and breed, for an annual fee of $14.40.
Zurich-owned Cover-More Group gets new CEO
The appointment is in line with Zurich’s acquisition of a travel insurance arm.
Taspen maintains profitability with strategic investments
It maintained a strong solvency ratio of 497% as of end-2023
Insurers in Taiwan to issue bonds for capital adequacy
Regulatory risk-based capital ratios remained well above the 200% minimum.
HK's new legislation welcomed by insurance industry
The legislation advocates for international insurers to re-domicile in Hong Kong.
Howden steps foot into Japan market with reinsurance firm
Kentaro Tada has been appointed CEO of Japan.
Trade credit insurance supports F&B's financial stability
Global insolvencies are expected to make a 15-year high this year.
PT Meritz Korindo Insurance maintains strong capital buffer
It even surpassed the new 2026 equity requirement of $15m.
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1. bolttech secures $50m venture debt from HSBC, expands market 2. Prudential launches AI lab in Singapore 3. Life insurance premiums forecast to grow by 3% yearly until 2026 4. Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America 5. APAC emerges as leader in renewables insuranceResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
