insurance
Aon appoints Dan Hartung to lead global event response unit
Aon appoints Dan Hartung to lead global event response unit
He will oversee the estimation of industry exposure and financial impact.
APRA, ASIC flag early gains in life insurance disclosure reforms
Efforts to reduce premium volatility through product design remain in early stages.
OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGM
The offer is priced at $23.52 per share.
Blue Cross expands GBA healthcare access with cross-border partners
Individual and group medical insurance holders can access medical consultations.
GCash offers free insurance with mobile load purchases via GInsure
Eligible users can receive up to $540.
South Korea’s motor insurance grows 2.4% in 2025 with rate hikes
Motor insurance remains the largest segment in the general insurance industry.
Rising claims pressure Singapore insurers’ profit margins
Despite strong premium growth in 2024, long-term profitability challenges insurers.
Cambodia's gross premiums up 6.6% in April
Life insurance increased by 9.8% YoY to $16.3m.
Igloo launches digital tools to support insurers and partners
This is because APAC insurers spend under 3% of GWP on tech.
Japanese life insurers increase US exposure for stable returns
Fitch expects the share of overseas business from North America to grow steadily.
Prudential Hong Kong begins accepting claims for histotripsy care
Histotripsy uses focused soundwaves to create microbubbles within a tumour.
FWD Hong Kong adds cross-border care via New Frontier deal
The initiative includes a cashless hospitalisation service.
Foreign reinsurers raise India market share to 49% in FY 2024
According to GlobalData, this share is expected to surpass 50% in 2025.
This week in insurance: UPI dominates payments in India, AXA re-domiciles to HK, Vietnam goes digital
In addition, SingWealth Holdings has obtained an insurance brokerage licence in Hong Kong.
Howden Re sees capital inflows boost mid-year reinsurance supply
Renewals generally saw strong demand, with most programmes achieving full subscription.
Singlife adds turbulence injury payouts to travel insurance plans
This new benefit is now included in all tiers of its travel plans.
Bupa Hong Kong expands network with four mainland China partners
The insurer added 69 locations in 10 mainland cities.
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1. India insurance market sees moderating premium growth: Report 2. Singapore’s non-life insurers see growth as offshore business expands 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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