insurance
Allianz Trade appoints William Whittington to lead specialty credit
Allianz Trade appoints William Whittington to lead specialty credit
He joined the company in 2016 after starting his career at Lloyd’s of London.
Asia insurers face rising demand for claims value: Aon
Insurers are using more technology to speed up low-value and non-complex claims.
Australia’s non-life insurers sustain profit with firm reinsurance terms
The sector also remains dominated by IAG, Suncorp, QBE and Allianz.
Employers in Asia see budgets strained as insurers tighten coverage
63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.
Zurich Insurance posts 8% rise in P&C premiums to $38.9b in 9M 2025
Policy count rose by 103,000 over the past six months.
Oona Insurance partners with Tesla on free Model Y coverage
They will offer 12 months of coverage supported by Oona’s digital claims service.
Igloo reports faster claims and higher sales with AI adoption
Claims response times have fallen from up to three days to one minute.
How did insurance rates compare across Asia in Q3 2025?
Property insurance rates in Asia fell 5% in Q3 as strong competition kept premiums low.
BIS study highlights offshore reinsurance exposure in insurers’ models
Private markets and proprietary models reduce transparency.
Vietnam revises unemployment contributions for persons with disability, laid-off
Those who hire persons with disabilities will receive a UI premium reduction up to 12 months.
How premiums surged 42% in Taiwan’s foreign-currency market in August
Investment-linked insurance products generated $1.4b during the month.
APAC insurers lag peers in risk management maturity
But AM Best ranks 60% of APAC insurers as financially strongest.
MAS says insurance disputes rare with most resolved by mediation
FIDReC completed an average of 246 mediation and adjudication cases.
Marine insurance rises 1.5% in 2024
This was driven by higher trade volumes and vessel values.
Driver accident insurance market to reach $9.5b by 2029
Growth will likely be supported by the wider use of telematics in insurance products.
Hang Seng Insurance maintains solid capital strength through 2027
Weighted new business sales were up 49% in the first half of 2025.
Domestic worker insurance market sees steady 7.5% growth outlook
The sector is projected to reach $5.05b by 2029.