insurance
Insurers seek diversification with private market assets
Whilst inflation has eased, interest rates remain elevated.
Chubb launches new casualty, cyber coverage for life science firms in APAC
Businesses will have access to multiple insurance lines through a single package.
Prudential debuts wellness support for children
The platform was introduced alongside Prudential Entrust Multi-Currency Plan.
MS&AD to merge Mitsui Sumitomo, Aioi Nissay Dowa by April 2027
The merged entity could equate to the Japanese insurer holding the top market share.
Peak Re obtains reinsurance branch license to operate in India’s GIFT IFSC
The approval allows Peak Re to conduct both property and casualty (P&C).
ICA calls for reforms as motor insurance premiums hit A$1,052 in 2024
Car repair bills now making up 60% of claim costs.
Malaysia’s takaful industry poised for growth amidst regulatory reforms
New entry requirements for digital insurers and takaful operators aim to improve viability.
Fortitude Re completes $4b reinsurance deal with Taiyo Life Insurance
The deal transfers a part of Taiyo Life’s whole life annuity business to Fortitude.
Taiwan life insurers face rising health insurance losses, report warns
Although, interest surplus remains the primary driver of profitability.
GIAJ approves guidelines to enhance insurance agent business quality
Education and examination system for agents and solicitors will also be improved.
Thai council urges OIC to review new co-payment health insurance rule
The rule requires policyholders to pay up to 50% of medical expenses.
Generali secures full ownership of Generali China Insurance Company
The acquisition will have an estimated -1 percentage point impact.
Allianz Partners, Mitsui Sumitomo Insurance ink deal to expand in New Zealand
The partnership will be useful to MSI's expanding travel insurance offerings.
AXA, Marsh, Link introduce sustainability-linked insurance model
This is due to real estate and insurance industries facing rising risks from NatCat.
JMT, Igloo form joint venture for digital insurance
This marks Thailand’s first fully digital insurer.
Edge computing growth to enhance insurance sector: Allianz Commercial
It boosts the sector by automating workflows and enhances real-time data analysis.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness