insurance
South Korean life insurers see sharper capital dip in Q1 2025
South Korean life insurers see sharper capital dip in Q1 2025
As of end-March 2025, the average K-ICS ratio stood at 197.9%.
MAS responds to Tan’s letters on Allianz-Income deal process
The insurer did not submit an application for capital reduction.
Blockchain in insurance to grow to $60b by 2032
Asia-Pacific is expected to register the highest CAGR in the coming years.
India life insurance ownership hits record 78% in latest IPQ survey
Three in four urban respondents now prioritise coverage over cost.
China life premiums rise 1% as non-life sector grows 5% in 2025
Life insurers are moving towards participating products with lower guaranteed returns.
APAC seen as fastest region in medical insurance market with 12.4% CAGR
The global medical insurance market was valued at $1.7t in 2023.
Pru Life UK launches Shari’ah-compliant life plan in Philippines
It has a a minimum annual contribution of $4.25 (₱250).
Indonesia enforces 10% co-pay rule for private health insurance
This could dampen hospital revenues in fiscal year 2026.
Prudential plans to improve health access in support of 2047 goal
The company also expanded its footprint in Bengaluru.
AI slashes issuance time for nearly half of clients: Policybazaar
AI is also used to manage over 30% of first-contact customer queries.
Insurers cut coal mine coverage as carbon policies gain traction: Study
Carbon underwriting decisions are a potentially powerful tool in the insurance sector.
Health insurance market to hit $4.45t by 2032
The market is expected to grow 9.7% yearly.
NRMA Insurance tallies more claims in 2025 than all of 2024
69% of Australians are now more aware and concerned about extreme weather risks.
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
This week in insurance: Air India crash pressures reinsurers, Japan expands overseas, Gen Zs suspicious of insurance
The Philippines’ pre-need sector also by 31.23% year-on-year.
AIA and Aegon win approval for asset firms in Shanghai
The approvals were announced by Li Yunze, director of the NFRA.
Zurich Kotak General Insurance reveals two new appointments
Both appointments will focus on the company’s Commercial Insurance unit.
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India’s cyber risk paradox: High attack rates, low insurance preparedness