insurance

Global insured losses hit $80b in H1 2025

Global insured losses hit $80b in H1 2025

Myanmar’s quake led to ~$1.5b insured losses for Thailand.

Canopius Group posts 24% profit rise to $222m in H1 2025

Thanks to higher premium volumes and improved underwriting.

FWD Group launches Hong Kong lounge under FWD Private brand

The HNW platform now operates across three jurisdictions.

Manulife Asia records $520m Q2 2025 core earnings

It also reported a 34% YoY increase in new business contractual service margin.

CPIC Life HK strengthens growth outlook with Moody’s forecast

Its pursuit for strong premium growth from a low base will likely to reduce its capital coverage ratio.

Japan life insurers double premium income in fiscal year start

The industry saw individual insurance and annuity new businesses climb.

Asia-Pacific, Africa struggle with $24b in uninsured losses: Munich Re

Only $0.6b was covered by insurance after the magnitude-6 earthquake in Tainan, Taiwan.

Taiwan’s insurers report $650m loss in H1 2025 earnings

In contrast, non-life insurers posted a pre-tax profit of $0.52b.

China expands insurer assessment cycles to promote stability

The previous system only focused on the current year and a three-year cycle.

APAC medical professional liability insurance to grow 11.5% through 2034

In 2023, China had approximately 4.78 million medical practitioners.

Filipinos delay insurance due to other expenses: Survey

The urgency to buy life insurance has declined since the COVID-19 pandemic.

Taiwan’s life insurers lead AI adoption with 67% uptake

Insurers primarily use AI for internal operations, customer service, and fraud detection.

Tata AIA launches Shubh Shakti for women with life cover

The launch follows rising female workforce participation in India.

India expands parametric insurance in climate-hit sectors

India’s parametric market is growing at a faster pace of 11.3% annually through 2028.