insurance
AXA Hong Kong and Macau unveil typhoon parametric cover for MOTOGO members
AXA Hong Kong and Macau unveil typhoon parametric cover for MOTOGO members
It also unveiled a travel insurance coverage of up to $38,220.21.
UOI to boost tech investment by nearly 50% from 2023 levels
It said it plans to expand in Singapore and key ASEAN markets.
Bangladesh insurance market to reach $16b in 2025
Per capita spending on insurance is projected at $88.22.
SBI Life Insurance launches flexible term cover with three plan options
Death benefit payouts can be structured as a lump sum.
SEADRIF forms seven new partnerships in 2024 to boost disaster cover
The facility disbursed a $3m rapid payout to Lao PDR within six days following floods.
Allianz Commercial flags battery overheating as key EV insurance concern
Allianz noted that 15% to 30% of EV fires are linked to charging.
Beazley profit before tax drops to $502.5m as premium growth slows
The insurer’s H1 2025 insurance service result was $493.7m.
eazy Insurance acquires G&C General in Singapore retail sector expansion
The move forms part of Eazy’s long-term growth plan, which focuses on combining digital tools with personalised service.
FWD Insurance, IBPO Group Berhad launch inclusive life cover with loan financing
Both are Shariah-compliant.
APAC pet insurance market to grow 14.6% through 2033
Japan, for example, has seen a 30% rise in pet adoption since 2020.
Gallagher cites competitive pricing in commercial insurance
The property market remains stable despite recent floods.
India life insurers post 22.4% rise in July new business premiums
The market is expected to grow 10% to 12% annually over the next 3-5 years.
Mobile phone insurance market to grow 11.8% by 2030
APAC will be the fastest-growing region.
Central Bank of India, TATA AIG to offer insurance for MSME payments
This partnership was forged on the eve of the 144th birth anniversary of the bank’s founder.
Singapore life insurers’ H1 2025 weighted new business premiums rise 7.7%
This was driven by Investment-linked policies.
Asia insurance market grows premiums with soft pricing trends: Aon
Japan is an exception, with challenging property and casualty conditions.
AXA China Region partners with Hainan zone on medical insurance
The insurer also partnered with China Biotech Services Holdings.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
