insurance
Oona Insurance introduces flexible coverage for Filipinos abroad
Oona Insurance introduces flexible coverage for Filipinos abroad
Oona members have cashless access to over 650 hospitals and clinics nationwide.
LIC partners with RBL Bank to expand bancassurance reach
This will enable RBL Bank customers to access LIC’s life insurance products.
Zurich Insurance Group outlook steady: AM Best
AM Best also expects Zurich’s financial leverage to remain stable.
Employer’s liability insurance market slated for $45b by 2029
Rising litigation costs for employers have also contributed to the demand.
Reinsurance market softens after post-2021 hard cycle peak
The report noted that the industry is currently oversupplied with capital.
Cambodia’s insurance market lifts sum insured to $9.07b in July
Gross premiums dropped by 4.42%.
Sri Lanka’s insurance industry posts 54.6% GWP growth over five years
GWP for the first quarter up 10.6% year-on-year to $0.3b.
How did Indonesia’s life insurance market perform in the first half of 2025?
The number of people insured rose 8.8% to 123.7 million.
How cyber claims in Asia were all tied to ransomware in 2025
In the first half of 2025, Allianz received about 300 cyber claims.
Taiwan’s insurance industry reports profit of $1.4b at July 2025
But overseas investments generated additional net losses of $3.4b.
How long-term care costs rose 4% annually from 2018 to today: Singlife
Dementia cases alone are projected to hit 152,000 by 2030.
Nippon Life rebounds to pre-pandemic profitability: Fitch Ratings
Core profit margin was at 19% in fiscal 2025.
Flood insurance market projected to reach $25.21b in 2025
Japan stands out, with more than 75% of homeowners holding flood protection.
Premium revenues from foreign-currency life insurance in Taiwan rise 35% in June
Traditional products made up the bulk of sales at $5.7b.
Korea’s insurers benefit from regulatory changes easing investment rules
Insurers are likely to focus on asset-liability management.
Electric energy insurance market to hit $4.97b by 2029
Asia-Pacific is forecast to record the fastest growth in the coming years.
Insurance Council of Australia pushes for lower corporate tax rates
The council, instead, recommends creating a A$30.15b flood defence fund.
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Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness