Insurance

Philippine pre-need income plunges 88% in Q1 2026

The industry still sold 244,233 plans in the first quarter of 2026.
1 day ago

China life insurers slash guaranteed payout risk

Participating policies share company profits with customers instead of relying only on fixed promises.
1 day ago

Vietnam hits 95.2% health insurance coverage

The rate beat the five year target by 0.16 percentage points.
2 days ago

Indonesia life claims fall 7.9% as surrenders decline

The industry paid $6.2b to 6.92 million beneficiaries during the first nine months of 2025.
2 days ago

Taiwan insurance to top $145b by 2036

The market ranks second only to Hong Kong in Asia for insurance penetration at 10.1% of GDP.
2 days ago

Fraud costs expose Hong Kong insurers’ payments lag

Cheques and manual work persist as fraud costs reach up to 5% of revenue.
3 days ago

Catastrophe insurers risk losses as protection gap persists

Fitch said unmet demand remains a major challenge for insurers and reinsurers.
3 days ago

Insurers lag climate action as disaster losses hit $280b

Less than half of disaster losses from 2015 to 2024 were covered by insurance.

Metro buyers make up 75% of India home loan cover sales

Demand from non-metro areas has accelerated over the last 2 months.

South Korean firms seek insurance amidst workplace injury risks

Aon said 64.3% of organisations have plans for work-related injuries.

Asia to add $1.1t in life premiums over the next 10 years

Singapore’s total insurance premiums rose 10.7% to $45.3b in 2025.

Philippine life insurers lift premiums 15% as density hits record

Per capita insurance spending reached $70.15 in 2025 from $62.30 a year earlier.

APAC insurers stay stable despite claims pressure: Fitch Ratings

Non-life insurers face higher claims costs that are reducing underwriting margins.

South Korea eases AI rules as oversight tightens

Regulators will accelerate network separation reforms for financial AI systems.

Asia-Pacific insurers turn to emerging market debt for yield

Investment-grade issuance now accounts for more than half of the market.

Indonesians lose financial security confidence: Survey

Nearly a quarter of respondents tapped savings to manage daily expenses.