insurance
Insurers retain catastrophe risk as new capital enters reinsurance sector
Insurers retain catastrophe risk as new capital enters reinsurance sector
Since 2022, about $35b of new capital has entered the sector.
Great Eastern Holdings appoints Khoo Cheng Hoe Andrew to board role
He was previously Deputy Managing Director for Corporate Development at MAS.
Reinsurance capital hits $735b amidst strong earnings
Also, 38% of global catastrophe losses in the first half of 2025 were uninsured.
AIA Group beats OPAT targets as Jefferies sees momentum building
Comes after recording a VONB growth of 18% in 2024 and 33% in 2023.
Macau Insurance maintains strength whilst pursuing Greater Bay Area plans
It aims to build on this momentum with higher premium retention in personal lines.
Howden names Rebecca Poon as chief client officer for Hong Kong
Poon was previously managing director at Marsh Hong Kong.
AM Best says 2024 health reinsurance growth outpaces past decade
Ceded premiums rose more than 30% to $66b, the largest annual increase in 10 years.
Japan renewals show property-catastrophe rate cuts of up to 15%
Big Japanese insurers have also built stronger balance sheets due to strong profits.
Sun Life opens renovated client center in Makati with tech upgrades
It also launched three new business offices.
What insurance brands do Singapore’s wealthy trust most?
AIA and Prudential were ranked 2nd and 3rd most trusted brands.
This week in insurance: bolttech expands, Manulife widens access, Allianz-ShopeePay roll out cover
Hong Kong sets 50% benchmark on referral fees paid by licensed insurance brokers.
Aon projects $5b reinsurance premium from emerging casualty risks
Opportunities for growth exist in legacy liability transfers, parametric solutions, and more.
Malaysia rolls out voucher scheme to boost financial inclusion amongst gig workers
It gives recipients $7.10 (RM30) to buy insurance or takaful products.
SEADRIF delivers $2m payout to Lao PDR for disaster relief
The policy triggers payouts based on the number of people impacted by disasters.
Philippines non-life insurers’ net income grows 3% YoY in H1 2025
Total net premiums written (NPW) stood at $713.3m.
Aon projects China health insurance to grow 7.4% CAGR by 2032
Telemedicine is the most adopted service.
Tune Protect partners BOXX to launch CyberSafe for global travellers
It is accessible through Tune Protect’s B2B portal.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
