insurance
China expands insurer assessment cycles to promote stability
China expands insurer assessment cycles to promote stability
The previous system only focused on the current year and a three-year cycle.
APAC medical professional liability insurance to grow 11.5% through 2034
In 2023, China had approximately 4.78 million medical practitioners.
Filipinos delay insurance due to other expenses: Survey
The urgency to buy life insurance has declined since the COVID-19 pandemic.
Taiwan’s life insurers lead AI adoption with 67% uptake
Insurers primarily use AI for internal operations, customer service, and fraud detection.
China’s horse insurance growth to register 13.5% CAGR through 2035
India follows at 12.5%.
Thailand’s life insurers post $10b in H1 2025 premiums
New business premiums rose 7.38% YoY.
Malayan Insurance completes IFRS 17 rollout ahead of deadline
The implementation was extended to 2027.
Tata AIA launches Shubh Shakti for women with life cover
The launch follows rising female workforce participation in India.
India expands parametric insurance in climate-hit sectors
India’s parametric market is growing at a faster pace of 11.3% annually through 2028.
Trade credit insurance market to grow 10.7% annually through 2033
Asia-Pacific is forecast to grow at the fastest rate.
Prudential Hong Kong appoints three new executives to ExCo
They all report to CEO Lawrence Lam.
FWD Hong Kong offers new IUL policy with uncapped index tie
Hong Kong ranks first in Asia in wealth per adult.
Willis appoints Atilgan as head of trade credit growth in Asia
He has over 20 years of experience in finance, banking, and insurance.
SBI Life, AU Small Finance Bank partner to expand insurance in rural India
AU SFB will offer SBI Life’s range of protection, savings, retirement, and investment policies.
Aon names Sushant Sarin head of strategy and risk in India
Sarin brings over 30 years of experience in the insurance industry.
3 in 10 Taiwanese Gen Z investors now include insurance in their portfolios
Younger investors aim to manage risk whilst building long-term wealth.
BRI Life tops Indonesia life insurance market by APE in H1 2025
The insurer recorded an APE of $122.0m.
Commentary
AI isn’t replacing insurance, it’s finally making it work