Insurance

Singapore insurers face rising claims with medical costs set to climb

57% of insurers expect further increases in medical cost over the next three years.
1 day ago

Insurers must expand cyber protection as Singapore shipowners upgrade security

Insurers must update underwriting as cyber navigation disruptions rise.
1 day ago

APAC insurance M&A cools with fewer Q3 deals

Despite that, Asian insurers continued to pursue overseas expansion.
4 days ago

Why 4.5 million Australians skip insurance claims over premiums

The most commonly skipped claims were for home and car insurance.
5 days ago

3 in 5 Singaporeans worried they can’t afford vital medical care

There is also uncertainty over where to seek treatment adds to the problem.
5 days ago

How did Singapore's life insurance sector perform year-to-date?

Business premiums for life insurance recorded $4.76b, whilst integrated shield plans accounted $496.5m.
5 days ago

What will drive APAC’s insurance claims market to grow 16.6% annually?

AI and data analytics will catapult the global industry to bag $638.3b by 2032.

Employers in Asia see budgets strained as insurers tighten coverage

63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.

How did insurance rates compare across Asia in Q3 2025?

Property insurance rates in Asia fell 5% in Q3 as strong competition kept premiums low.

How premiums surged 42% in Taiwan’s foreign-currency market in August

Investment-linked insurance products generated $1.4b during the month.

APAC insurers lag peers in risk management maturity

But AM Best ranks 60% of APAC insurers as financially strongest.

Marine insurance rises 1.5% in 2024

This was driven by higher trade volumes and vessel values.

How insurance markets are rewarding buyers with lower global rates

But Aon warns that volatility in property, cyber, and casualty lines remains a concern.

What will drive Singapore’s general insurance market to bag $6.5 by 2030?

PA&H market alone is projected to make up a fourth of the sector’s total premiums.

Forrester forecasts 15% growth in cyber insurance amidst AI risks

Insurers are advised to offer tools for risk mitigation and new underwriting models.

Why 1 in 5 think AI will replace human insurance agents

Over half were comfortable using AI with a human option available.