insurance

Innovative partnerships propel FWD’s health insurance growth in APAC

FWD’s new health unit, HealthyMe, aims to meet the region's growing healthcare demands amidst rising incomes.

Innovative partnerships propel FWD’s health insurance growth in APAC

FWD’s new health unit, HealthyMe, aims to meet the region's growing healthcare demands amidst rising incomes.

ICA welcomes NSW budget, aims for insurance affordability

NatCat events in the past two years caused $2.64b (AU$4b).

China's insurance assets surge to $32t

The industry represents only 7% of China's total financial assets.

New IRDAI rules enhance grievance redressal

It also aims for a “zero grievances” status.

ICA proposes updates to insurance code

The code was first introduced in 1994.

Vietnam and the IMF discuss social insurance expansion

Topics included enhancing pension policies amidst changes to the Law on Social Insurance.

Australian insurer warns of anxiety levels caused by extreme weather

Over half of individuals said they turn to family for mental health support.

Prudential Hong Kong opens multipurpose space

It also expanded its academy to this 53,600 sqft office.

Australian insurance sector combats inflation with premium hikes

Its life insurance premiums are seen to grow ~3% in 2024 and 2025 modestly.

APAC to lead global EV insurance market in the next five years

The global EV insurance market is seen to skyrocket by 40.3% in CAGR.

Cathay Life's capitalisation robust ahead of 2026 standards

The insurer holds a 21.3% market share of premiums in 2023,

Ansvar sees positive earnings despite PSA claims

The company recorded positive operating earnings in 2022 and 2023.

Japan’s interest rate rise offers lessons for China’s insurers

To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.

Tokio Marine Financial Advisers announces new CEO

He has more than two decades of experience in the industry.