insurance
GCash issues 51.4m insurance policies since 2021
The company currently offers 48 insurance products.
Sun Life Philippines names new President
He has more than two decades of experience.
Taiwan may add Alzheimer’s drug Kisunla to National Health Insurance by 2025
Kisunla is currently undergoing a health technology assessment.
APAC leads in travel insurance growth with 22.1% CAGR
Globally, the market’s premiums are slated for $107b.
Fitch expects Hanwha Life to sustain earnings strength
This was supported by a strong contractual service margin.
Japan drives Asia’s home insurance growth with rising demand
Globally, the market could bag $254.63b.
APAC to lead global reinsurance growth through 2031
The global market is expected to register a CAGR of 10.8%.
Asian Re grows profit with disciplined underwriting in 2024
AM Best expects performance to be supported by underwriting and investment income.
AIA injects $277m into China Post Life for market growth
AIA retains its 24.99% stake in China Post Life.
Vietnam enacts new social insurance law effective 1 July
The changes aim to increase long-term participation.
Philippines, FAO push insurance access for small fishing vessels
The country offers subsidies, flexible payment schemes, and simplified products.
South Korean life insurers see sharper capital dip in Q1 2025
As of end-March 2025, the average K-ICS ratio stood at 197.9%.
MAS responds to Tan’s letters on Allianz-Income deal process
The insurer did not submit an application for capital reduction.
Blockchain in insurance to grow to $60b by 2032
Asia-Pacific is expected to register the highest CAGR in the coming years.
India life insurance ownership hits record 78% in latest IPQ survey
Three in four urban respondents now prioritise coverage over cost.
China life premiums rise 1% as non-life sector grows 5% in 2025
Life insurers are moving towards participating products with lower guaranteed returns.
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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