insurance
Bangladesh insurance market to reach $16b in 2025
Bangladesh insurance market to reach $16b in 2025
Per capita spending on insurance is projected at $88.22.
SEADRIF forms seven new partnerships in 2024 to boost disaster cover
The facility disbursed a $3m rapid payout to Lao PDR within six days following floods.
SBI Life Insurance launches flexible term cover with three plan options
Death benefit payouts can be structured as a lump sum.
Allianz Commercial flags battery overheating as key EV insurance concern
Allianz noted that 15% to 30% of EV fires are linked to charging.
Beazley profit before tax drops to $502.5m as premium growth slows
The insurer’s H1 2025 insurance service result was $493.7m.
eazy Insurance acquires G&C General in Singapore retail sector expansion
The move forms part of Eazy’s long-term growth plan, which focuses on combining digital tools with personalised service.
FWD Insurance, IBPO Group Berhad launch inclusive life cover with loan financing
Both are Shariah-compliant.
APAC pet insurance market to grow 14.6% through 2033
Japan, for example, has seen a 30% rise in pet adoption since 2020.
Gallagher cites competitive pricing in commercial insurance
The property market remains stable despite recent floods.
India life insurers post 22.4% rise in July new business premiums
The market is expected to grow 10% to 12% annually over the next 3-5 years.
Mobile phone insurance market to grow 11.8% by 2030
APAC will be the fastest-growing region.
Central Bank of India, TATA AIG to offer insurance for MSME payments
This partnership was forged on the eve of the 144th birth anniversary of the bank’s founder.
Singapore life insurers’ H1 2025 weighted new business premiums rise 7.7%
This was driven by Investment-linked policies.
Asia insurance market grows premiums with soft pricing trends: Aon
Japan is an exception, with challenging property and casualty conditions.
AXA China Region partners with Hainan zone on medical insurance
The insurer also partnered with China Biotech Services Holdings.
Nippon Life Insurance lifts Q1 2025 premiums 6.7% with subsidiary gains
Core profit rose 16.5% to $1.42b.
Australians regret delaying life insurance after major milestones
Only 10% recommended waiting until their 50s or later.
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For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness