insurance
APAC seen as fastest region in medical insurance market with 12.4% CAGR
APAC seen as fastest region in medical insurance market with 12.4% CAGR
The global medical insurance market was valued at $1.7t in 2023.
Pru Life UK launches Shari’ah-compliant life plan in Philippines
It has a a minimum annual contribution of $4.25 (₱250).
Indonesia enforces 10% co-pay rule for private health insurance
This could dampen hospital revenues in fiscal year 2026.
Prudential plans to improve health access in support of 2047 goal
The company also expanded its footprint in Bengaluru.
AI slashes issuance time for nearly half of clients: Policybazaar
AI is also used to manage over 30% of first-contact customer queries.
Insurers cut coal mine coverage as carbon policies gain traction: Study
Carbon underwriting decisions are a potentially powerful tool in the insurance sector.
Health insurance market to hit $4.45t by 2032
The market is expected to grow 9.7% yearly.
NRMA Insurance tallies more claims in 2025 than all of 2024
69% of Australians are now more aware and concerned about extreme weather risks.
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
This week in insurance: Air India crash pressures reinsurers, Japan expands overseas, Gen Zs suspicious of insurance
The Philippines’ pre-need sector also by 31.23% year-on-year.
AIA and Aegon win approval for asset firms in Shanghai
The approvals were announced by Li Yunze, director of the NFRA.
Zurich Kotak General Insurance reveals two new appointments
Both appointments will focus on the company’s Commercial Insurance unit.
Meiji Yasuda holds 1.7x market share versus average life insurer
But profitability remains weak, with a return on capital of 2.1% in fiscal 2025.
Shriram General wins ₹28.6m claim case with fraud ruling in Rajasthan
The case involved a Toyota Fortuner insured by SGIC.
Most New Zealanders back risk-based pricing for climate-related insurance
60% agree insurers should raise premiums for properties facing higher risks.
Shin Kong Life to boost earnings with Taishin Life merger by 2025
The insurer’s risk-based capital ratio rose to 221% in 2024.
New employment law in Vietnam enhances labour rights, insurance
The insurance will cover job counselling, skills training, and financial support.
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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