insurance
Pacific Life Re appoints Kenichi Kim as head of South Korea
Pacific Life Re appoints Kenichi Kim as head of South Korea
He has more than 15 years of experience in financial services and reinsurance.
Indians prioritise insurance for protection against rising health costs
A third also reported buying more coverage to supplement their corporate health plans.
Hong Kong staff medical insurance costs rise 55% over three years
Hospitalisation rates, however, have not yet returned to pre-pandemic levels.
Philippines HMO sector soars in Q1 2025
The growth is primarily driven by the 26.15% increase in the collection of membership fees.
India’s motor insurance market to hit $21.5b by 2030
Passenger vehicle sales reached record levels last year, increasing 6% YoY.
Allianz reports Q1 net income contracts by 1.9%
During the three month period, total business volume reached $60.48b.
Policybazaar expands health insurance access for global Indian families
Health insurance in India is at least 35% cheaper than in other countries.
Ping An maintains top China insurance brand status for tenth year
It remains the only Chinese insurance group in the global list.
Swiss Re posts $1.28b Q1 profit with gains in underwriting and tax
P&C Re reported a net income of $527m, lower on a YoY basis.
9 in 10 Indian policyholders seek auto-replenish feature in health insurance
Yet, 32% are still unaware of the details of their plans.
Vietnam life insurance grows 4.3% YoY in new contracts
General insurance products maintained their lead as the primary business line.
Australian Reinsurance Pool sees insurer participation rise, cyclone pool gains
Access to insurance has improved as well, ARPC said.
Philippines orders higher insurance for private vehicle riders
The PPAI provides up to $7.2k (₱400,000) in death benefits.
IAG secures RAC Insurance and 20-year distribution rights
The transaction is expected to complete in the first half of calendar year 2026.
Vietnam general insurance market to grow 7% annually through 2029
The sector is expected to grow 5.9% year-on-year this 2025.
This week in insurance: GAIP’s new CEO, Zurich offers takaful on Shopee, Japan's worker shortage
Hong Kong travellers also rush to buy insurance amidst safety concerns.
WTW expands Luke Ware’s duties with Asia leadership appointment
He has over two decades of experience.
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1. Hong Kong regulator guts insurance referral fees with 50% cap 2. Can China’s $140b motor insurance market survive a 70% loss ratio? 3. PNB MetLife launches dividend fund linked to insurance 4. Taiwan life insurers face rising risk in $32b FX mismatch 5. India set to outpace China, US in premiums by 2030Resource Center
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
