insurance

APAC’s flood insurance market set for 19.7% CAGR to 2032

Globally, the market is expected to expand 15.6% between 2022 and 2032.

AIA Group earnings outlook brightens as profits rise in 2025: CGS International

OPAT growth is seen to exceed AIA’s 9% to 11% guidance range next year.

Great Eastern offers self-help tool to assess protection gaps

It also allows them to compare existing coverage.

Allianz Malaysia, ShopeePay roll out budget accident coverage

The plans are eligible for the govt’s Perlindungan Tenang Voucher Programme.

1 in 5 Australians raise health excess to pocket savings on premiums

Gen Z respondents were the most likely to raise their excess at 30%.

HDI Global expands ESG Risk Solutions team with three senior leaders

The appointments follow HDI Global’s rollout of environmental coverage in late 2024.

Asia insurance covers just a tenth of catastrophe losses

Global modelled insured average annual property loss rose to $152b.

Asian reinsurers grow abroad as overseas premiums near half share

US premiums now account for 18% of major Asian reinsurers’ portfolios.

FWD Life Insurance launches fast lane with shorter pay terms

The plan requires a minimum premium of $3,480.32 per year.

WTW names new Health & Benefits leaders to drive SEA growth

The appointments aim to support its benefits programmes.

Aon says insurers must embed relevance to outperform in soft markets

The global reinsurance capacity reached a record $720b in 2025.

Asia-Pacific insurtech market secures 16% of global funding landscape

Early-stage investments fell to a five-year low of $170.8m, globally.

Australia post strong June 2025 profit surge across life, general insurance markets

Growth in the life insurance sector was significantly higher than the general market.

Manulife Hong Kong expands hospital access to 38,000 sites in China

It also extended its Credit Service for Hospitalisation to over 800 hospitals in China.

Hong Kong Insurance Authority sets 50% cap on broker referral fees

The HKIA warned that excessive referral fees could mask commission rebates.