Insurance Asia
Philippine life insurance sector slated for 5.4% CAGR by 2028
![]()
The industry will likely increase by 3% this year.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Malaysia floats co-payment medical and health insurance feature
It also increased tax relief for medical expenses to over $2,300.
AXA XL makes three hires in Perth
The group named Chris McElroy, Amanda Rattue, and Trent Jeuring as senior underwriters.
Lifenet establishes policy and committee for sustainability
It also determined a corporate value enhancement based on the LIFENET Manifesto.
Unit-linked insurance market to reach $2.3t by 2032
The market is forecasted to reach a CAGR of 10.9%.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
Taiwan insurers to raise fresh equity amidst new capital requirement
The new standard also raised compliance risks for insurers.
Dah Sing Insurance strengthens capital structure
Its 2023 net profit was $13.9m.
AXA rebrands China reinsurance arm to AXA International Re
The change is effective 16 October.
Specialist Risk Group appoints new APAC CEO
He will begin his term early next year.
India’s life insurance sector bags 12% CAGR in past five years
The life insurance penetration rate is at 3.8%.
High-income S’poreans grapple with retirement planning amidst rising financial needs
High-income retirees were overwhelmed by the rising cost of living and family support expenses.
Allianz Trade reels in new ASEAN commercial director
His role begins on 21 October.
India, Philippines pension systems lack adequacy: Mercer
A score below 35 would indicate serious deficiencies.
Vietnamese bank expands into non-life insurance sector
Other banks which made the same move are VietinBank, Agribank, and HDBank.
Highlights
Highlights
Exclusives
Exclusives
Insurance
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Insurance
Etiqa set for growth after being named HDB fire insurer in Singapore
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Insurance
Filipino gamers hold promise for FWD
![Filipino gamers hold promise for FWD]()
![Filipino gamers hold promise for FWD]()
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
Insurance
Indonesian insurers’ old-school thinking holds back sector
![Indonesian insurers’ old-school thinking holds back sector]()
![Indonesian insurers’ old-school thinking holds back sector]()
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
Insurance
Zurich partners with Tesla in Australia as it rides EV trend
![Zurich partners with Tesla in Australia as it rides EV trend]()
![Zurich partners with Tesla in Australia as it rides EV trend]()
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Insurance
CrowdStrike meltdown may shore up cyber insurance premiums
![CrowdStrike meltdown may shore up cyber insurance premiums]()
![CrowdStrike meltdown may shore up cyber insurance premiums]()
Insurers are refining their policies after the global tech outage to better manage risks.
Data analysis, key to AIA Indonesia’s success in combatting fraud
![Data analysis, key to AIA Indonesia’s success in combatting fraud]()
![Data analysis, key to AIA Indonesia’s success in combatting fraud]()
Standard operating procedures and trained investigators keep AIA Indonesia in check.
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Philippine life insurance sector slated for 5.4% CAGR by 2028
![]()
The industry will likely increase by 3% this year.
Philippine life insurance sector slated for 5.4% CAGR by 2028
The industry will likely increase by 3% this year.
Malaysia floats co-payment medical and health insurance feature
It also increased tax relief for medical expenses to over $2,300.
AXA XL makes three hires in Perth
The group named Chris McElroy, Amanda Rattue, and Trent Jeuring as senior underwriters.
Lifenet establishes policy and committee for sustainability
It also determined a corporate value enhancement based on the LIFENET Manifesto.
Unit-linked insurance market to reach $2.3t by 2032
The market is forecasted to reach a CAGR of 10.9%.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
Taiwan insurers to raise fresh equity amidst new capital requirement
The new standard also raised compliance risks for insurers.
Dah Sing Insurance strengthens capital structure
Its 2023 net profit was $13.9m.
AXA rebrands China reinsurance arm to AXA International Re
The change is effective 16 October.
Specialist Risk Group appoints new APAC CEO
He will begin his term early next year.
India’s life insurance sector bags 12% CAGR in past five years
The life insurance penetration rate is at 3.8%.
High-income S’poreans grapple with retirement planning amidst rising financial needs
High-income retirees were overwhelmed by the rising cost of living and family support expenses.
Allianz Trade reels in new ASEAN commercial director
His role begins on 21 October.
India, Philippines pension systems lack adequacy: Mercer
A score below 35 would indicate serious deficiencies.
Vietnamese bank expands into non-life insurance sector
Other banks which made the same move are VietinBank, Agribank, and HDBank.
Highlights
Highlights
Exclusives
Insurance
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says.
Insurance
Etiqa set for growth after being named HDB fire insurer in Singapore
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
![Etiqa set for growth after being named HDB fire insurer in Singapore]()
The company is banking on the city-state’s 1.11 million flats to boost fire insurance sales.
Insurance
Filipino gamers hold promise for FWD
![Filipino gamers hold promise for FWD]()
![Filipino gamers hold promise for FWD]()
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
Insurance
Indonesian insurers’ old-school thinking holds back sector
![Indonesian insurers’ old-school thinking holds back sector]()
![Indonesian insurers’ old-school thinking holds back sector]()
The industry must digitise to tap the nation’s vast Gen Z and millennial consumers.
Insurance
Zurich partners with Tesla in Australia as it rides EV trend
![Zurich partners with Tesla in Australia as it rides EV trend]()
![Zurich partners with Tesla in Australia as it rides EV trend]()
The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.
Insurance
CrowdStrike meltdown may shore up cyber insurance premiums
![CrowdStrike meltdown may shore up cyber insurance premiums]()
![CrowdStrike meltdown may shore up cyber insurance premiums]()
Insurers are refining their policies after the global tech outage to better manage risks.
Data analysis, key to AIA Indonesia’s success in combatting fraud
![Data analysis, key to AIA Indonesia’s success in combatting fraud]()
![Data analysis, key to AIA Indonesia’s success in combatting fraud]()
Standard operating procedures and trained investigators keep AIA Indonesia in check.
Event News
Event News
Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
