insurance

China boosts medical insurance spending on innovative drugs in plan

Spending on these newly negotiated drugs was 3.9 times higher in 2024 than in 2020.

Vietnam updates social insurance law for foreign contract staff

It requires working foreign nationals to sign for compulsory social insurance system.

Tokio Marine Holdings’ net income bags $3b Q1 2025

Net premiums written grew 4% year-on-year.

Resolution Life signs reinsurance deal with Taiju Life in Japan

The deal is intended to improve the product’s crediting rate.

China maintains 95% medical insurance coverage from 2021-2025

In 2024 alone, the number of reimbursed visits was 1.6 times higher than in 2020.

Cambodia insurance premiums hold steady at $28m in May 2025

Life insurance premiums grew, whilst general insurance contracted.

Taiwan life insurers see $5.15b in foreign-currency sales

Traditional products accounted 85% of the total.

Global insured losses hit $80b in H1 2025

Myanmar’s quake led to ~$1.5b insured losses for Thailand.

Canopius Group posts 24% profit rise to $222m in H1 2025

Thanks to higher premium volumes and improved underwriting.

FWD Group launches Hong Kong lounge under FWD Private brand

The HNW platform now operates across three jurisdictions.

Manulife Asia records $520m Q2 2025 core earnings

It also reported a 34% YoY increase in new business contractual service margin.

CPIC Life HK strengthens growth outlook with Moody’s forecast

Its pursuit for strong premium growth from a low base will likely to reduce its capital coverage ratio.

Japan life insurers double premium income in fiscal year start

The industry saw individual insurance and annuity new businesses climb.

Asia-Pacific, Africa struggle with $24b in uninsured losses: Munich Re

Only $0.6b was covered by insurance after the magnitude-6 earthquake in Tainan, Taiwan.

Taiwan’s insurers report $650m loss in H1 2025 earnings

In contrast, non-life insurers posted a pre-tax profit of $0.52b.