insurance

Reinsurance market softens after post-2021 hard cycle peak

The report noted that the industry is currently oversupplied with capital.

Sri Lanka’s insurance industry posts 54.6% GWP growth over five years

GWP for the first quarter up 10.6% year-on-year to $0.3b.

How cyber claims in Asia were all tied to ransomware in 2025

In the first half of 2025, Allianz received about 300 cyber claims.

Taiwan’s insurance industry reports profit of $1.4b at July 2025

But overseas investments generated additional net losses of $3.4b.

How long-term care costs rose 4% annually from 2018 to today: Singlife

Dementia cases alone are projected to hit 152,000 by 2030.

Flood insurance market projected to reach $25.21b in 2025

Japan stands out, with more than 75% of homeowners holding flood protection.

Korea’s insurers benefit from regulatory changes easing investment rules

Insurers are likely to focus on asset-liability management. 

Electric energy insurance market to hit $4.97b by 2029

Asia-Pacific is forecast to record the fastest growth in the coming years.

Insurance Council of Australia pushes for lower corporate tax rates

The council, instead, recommends creating a A$30.15b flood defence fund.

Sun Life Philippines brings financial guidance to MSMEs with Go Negosyo

Advisors will be present to provide business owners with insurance guidance.

Tokio Marine Kiln enhances Cyber Ctrl with AI risk protection

The update includes a new Professional Ctrl policy.