insurance
Manulife Asia’s Q1 net income surges 57% YoY to $435m
Manulife Asia’s Q1 net income surges 57% YoY to $435m
Globally, its Q1 2025 earnings contracted by 47% YoY.
Bowtie debuts first term critical illness plan for children, pregnant women
Bowtie’s new plan is a term-based product with no savings component.
Allianz Partners launches cruise insurance with cruise line as bookings rise
Cruising now accounts for 10% of all travel amongst Australians.
Chubb Life Hong Kong offers digital plan with life and accidental death cover
The product does not require a health examination or financial background check.
Great Eastern see earnings rise 13% YoY in Q1 2025
But total weighted new sales contracted by 34% YoY.
Markel Insurance launches clinical trials coverage in 100 jurisdictions
It is tailored to meet local regulatory requirements.
Blue Cross premiums surge 22.1% YoY in 2024
The insurer’s non-medical business grew by 31.7%.
Insured losses to surpass $200b in 2025 as risks escalate: Geneva Association
The institutions also emphasised how P&C re/insurance can help mitigate challenges.
Japan’s insurers disbursed $730m on disasters including Noto quake
Ishikawa Prefecture recorded the highest payouts.
Allianz Partners names new head of insurer network
He joined Allianz Consulting as a senior advisor in 2023.
Amundi names Jian Xiong Asia insurance specialist in Singapore
Xiong brings over 15 years of experience.
Mainland visitor volumes plateau as Hong Kong life insurance steadies
Tourism volume tempers optimism for a large rebound in cross-border life insurance.
Sompo names Nicholas Walsh to succeed Shea as SIH board chair
Walsh brings over 50 years of insurance industry experience.
FWD launches cross-border medical plans amidst rising demand in GBA
Nearly a third of residents have sought treatment in China.
APAC insurers brace for trade risks with strong capital buffers: S&P
Shocks will be widespread but will not be evenly distributed across the sector.
MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand
It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.
Allianz Trade taps Rodrigo Jimenez as APAC CEO
He will replace Paul Flanagan, who is retiring after 34 years.
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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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