insurance
Asia-Pacific liability insurance market to grow 8% annually
Asia-Pacific liability insurance market to grow 8% annually
Globally, the market is expected to grow from $252.34b in 2021 to $432.81b in 2031.
AXA Philippines unveils self-service kiosk for insurance access
On-site staff are available to assist users.
Trust issues limit parametric insurance growth in Asia
Lack of understanding and low agent incentives pose major barriers.
Singaporean rental platform launches free home insurance
The insurance is embedded directly into the platform in partnership with discovermarket.
Zurich Kotak launches EV Protect add-on for electric vehicles
It also addresses risks such as power surges.
PNB MetLife combines insurance with value-based equity investing
It will be open for subscription from 15 to 28 July, 2025.
MSIG Insurance settles $44.33m in claims across Hong Kong, Macau
The company received only nine complaints during the year.
China shifts insurance metrics to promote long-term strategy
One key adjustment involves how return on equity (ROE) is assessed.
Vietnam updates insurance law with guidance on lump-sum payouts
It also clarifies the entitlement to retirement and survivorship benefits.
Aon reports $100b in global insured disaster losses for H1
This figure marks the second-highest total for any first half of a year.
AXA partners with China Biotech on targeted cancer therapy
The technology is a form of targeted radiotherapy that uses a boron-containing drug.
Japan’s top insurers report strong FY 2024 on global premium rise
Despite conservative forecasts, Fitch’s analysts expect higher EPS for two insurers.
India’s non-life insurance premiums rise 5.2% in June 2025
The government’s Bima Trinity initiative is expected to support future growth.
Markel Insurance names Chelsea Jiang to lead Greater China
She will be based in Hong Kong.
Prudential Vietnam welcomes new CEO
He has more than two decades of experience in the industry.
ASIC plans to extend digital disclosure rules for five years
Changes include simpler language, updated legal references, and better examples.
Asia-Pacific home insurance market to grow 10.12% by 2032
Globally, the market is expected to bag $477b.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work