insurance

Energy insurers report $2b in claims as rates continue falling

Due to increased capacity and competition, particularly in local and int’l markets.

Indian life insurer collaborates with ministry on Bima Sakhi for women agents

Bima Sakhi agents receive the same benefits and privileges as regular LIC agents.

Aon names DeBrunner to lead global accounting functions

He will succeed Michael Neller, who has held the role since 2018. 

Insurers use real-time data to track builder performance – Expert

This comes at a time when construction sign-ups reached an all-time high.

Insurance rates fall across major lines in Asia during Q2 2025

Property insurance rates dipped 5%, driven by strong competition amongst insurers. 

AIA Singapore appoints Owen Addison as CHRO

Addison succeeds Aileen Tan, who will retire on 30 September.

bolttech partners with iBox to offer AppleCare in Indonesia

It also features door-to-door pickup and return services.

P&C insurers see steady 4.3% CAGR through 2032

Demand is rising in APAC due to urbanisation and increased risk awareness. 

BMS strengthens financial lines with dual national appointments

Both McMillan and Jani joined BMS following its acquisition of Bluebook Brokers.

Hanwha Life enters US capital markets with Velocity deal

This would be the first South Korean insurer to acquire a US securities firm.

HKIA issues guidance on intermediary pay for long-term policies

The HKIA expects insurers to ensure intermediaries provide both pre-contract advice.

Investors turn to South Korea’s life insurers for growth

Parental support and operational scale remain critical factors for these insurers.

Mox Bank enters insurance with QBE tie-up in Hong Kong

The first offering is “Personal Accident Cushion,” a general insurance product.

Aon sees improved insurance terms with rising capacity in Q2 2025

Improved terms were seen in property, cyber, and D&O lines.

Hydrogen projects drive insurance premiums past $3b by 2030

In APAC, hydrogen is gaining traction as part of the region’s clean energy shift. 

Prudential adds HKIOC to cross-border oncology care network

One person is diagnosed with cancer every 15 minutes in Hong Kong.