Insurance
Hong Kong general insurance market to hit $10.9b by 2029
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
1 day ago
Aon reports $100b in global insured disaster losses for H1
This figure marks the second-highest total for any first half of a year.
5 days ago
Asia-Pacific aviation insurance to grow 8.7% through 2032
Globally, the market is projected to accumulate $7.1b by then.
Global insurers post 6.8% premium gain in 2024 on expansion
Eighteen out of the 20 companies reported premium growth.
Swiss Re sees global premium growth easing to 2% in 2025
China’s growth is expected to slow to 4.7% next year.
Taiwan life insurers gain 36% in investment-linked products
Traditional insurance product sales reached $3.59b.
bolttech, Sumitomo Corporation to tackle Asia’s used smartphone market
Reusing old phones, seen at 430 million units by 2027, benefits the environment.
Auto insurers under strain from high-tech repairs
Fixing EVs is expensive, leading many to declare these as a loss.
How much will China’s insurance market grow by 2032?
Its market value could reach $1.4t in seven years.
Manulife survey finds independence outweighs lifespan amongst priorities
All respondents either own or intend to buy insurance.
Global firms eye Hong Kong captives to manage risk
Self-insurance could lower premiums over time and improve liquidity.
Why 6 in 10 Gen Zs don’t feel financially secure
But emergency savings has gained traction amongst the generation.
1 in 2 Singaporeans say communication is excellent amongst insurers
89% said communication is important to their overall customer experience.
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
Revised solvency rules could spur new wave of Malaysian insurance M&As
Insurers must provide capital for increased risk from floods, among other charges.
Asia sees sustained growth in construction insurance in 2024
However, insurers are pursuing profitability and program stability over the long term.
India life insurers post steady May growth despite policy volume drop
Annual Premium Equivalent by 14.4%.
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