insurance

Singapore life annuity insurance market to grow by $603m by 2028

The attractiveness of fixed annuities has been a key driver.

XN Global Health Insurance sets foot in Asia

The company also offers preventive care and wellness services.

Australians' out-of-pocket medical expenses rise to $1b in 2024

Private health insurance benefits in Australia have hit a record low since 2008.

Malaysian insurers to cap premium hikes, ensure affordability

Insurers will cap annual premium hikes below 10%.

Aon acquires Mitsubishi Chemical's insurance agency business

The deal adds 100 new employees to Aon in Japan.

Resolution Life seals reinsurance deal with Protective for $9.7b

The deal is expected to drive further growth in the global life and annuity markets.

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.