insurance
Australians average two hospital insurance claims a year
Australians average two hospital insurance claims a year
21% rated hospital cover as their most essential form of insurance.
Final expense insurance market to grow at 4.62% CAGR
Urbanisation and the shift from traditional support systems are driving demand in APAC.
Ping An P&C maintains stable margins in new-energy policies
Ping An P&C’s capital and surplus rose 9.0% year-on-year.
Nippon Life posts 5.7% profit rise as core earnings climb in FY 2024
However, insurance gains declined slightly by 5.2%.
Taiwan’s life insurers post $2.22b in foreign policy sales
Investment-linked insurance products generated $311m.
Hong Kong insurers stay stronger under new reporting standard, HKRBC
Insurers applying for transitional measures are likely to recalibrate their operations.
Index shows 47.75% premium surge in India post-COVID
Male Indian policyholders continue to pay 20.12% more than female buyers.
VSS ends paper health cards as digital IDs go live in June
The VSS has developed a nationally integrated and centralised IT infrastructure.
Cambodian insurers grow Q1 gross premiums 6% to $102.3m
The industry’s financial income expanded 7% YoY to $11.9m.
Nepal Insurance Authority begins monthly KPI publication
The authority said it aims to support transparency, accountability, and evidence-based policymaking.
Japan’s LDP proposes National Health Insurance prepayment rule for foreign residents
Currently, resident foreigners who stay in Japan for over 3 months must enrol in the system.
How do employees in Asia feel about their coverage?
Rising medical trend rates are significantly outpacing salary increases.
South Korean insurers post $159m overseas profit in 2024
Asian operations posted a YoY decline in net income of $16.3m.
Singapore premiums rise sharply as health costs bite harder
Despite the rise in insurance costs, overall price pressures remain contained.
AXA to re-domicile Bermuda-based insurance unit to Hong Kong
The move will not affect ACRIB’s legal entity, organisational structure, or operations.
Generali completes sale of Philippine unit to Insular Life
In a previous announcement, this could result in a capital loss of ~$23m.
FWD Philippines taps Lau for CEO post in June succession
Lau has been with FWD since 2016.
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AI isn’t replacing insurance, it’s finally making it work