insurance
Japan Post Insurance to invest up to $2b in reinsurance vehicle
Japan Post Insurance to invest up to $2b in reinsurance vehicle
The company aims to deploy capital as early as 2026.
Australia's insurers log 3,000 claims post-Cyclone Alfred
ICA CEO said to expect “many more thousands of claims.”
New Chinese financial guidelines focus on tech and green growth
China also aims to strengthen the multi-tiered old-age insurance system.
Sri Lanka Insurance Corporation Life maintains stable outlook, strong investment
Its investment porftolio has minimal exposure to foreign currency assets.
Thailand’s finance sector to see cybersecurity market hit $87m by 2026
This is driven by cyber threats, regulatory pressures, and the rapid adoption.
Ant Insurance processes 7.25 million health claims in 2024
Its AI-powered solution also processed 1.62 million claims last year.
Mitsui Sumitomo sees profit rise with strategic divestments: Fitch Ratings
Fitch also anticipates an improvement in underwriting profitability.
APAC’s pet insurance market to surge by 18% CAGR through 2033
Globally, the market was valued at $5.21b in 2025.
KGI Life reduces risky asset exposure in 2024
Value of new business (VNB) margin expanded to 43.5% in the first half of last year.
Insurance BPO market to grow 5.4% annually through 2034
In 2024, claims processing accounted for over 30% of total market revenue.
China insurers to invest $14b in equities by 2025
If based on 2024 data estimated total fund allocation could reach $57b.
This week in insurance: Philippine deposit insurance rises, ICA calls for flood defence fund, solar storms to bring trillion-dollar loss
Vietnam also aims to amend the law on deposit insurance.
Singapore moms juggle family tasks and money matters
Their finances have improved relative to when their mothers were their age.
Manulife’s AI-investments to deliver threefold ROI by 2027
The company realised over $600m in benefits in digitalisation efforts last year.
Microinsurance expands to cover 344m globally in 2024
The Philippines was amongst the top countries with a high penetration rate.
NorthStandard reels in new head of Sustainability
She joins from Fintel plc.
Miller forms new M&A, strategic solutions team
They will operate within Miller’s Professional & Financial Risks business.
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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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AI isn’t replacing insurance, it’s finally making it work