Insurance

How did top insurers by market cap perform in Q1 2025?

China’s PICC Property and Casualty led gains with a 40.5% rise in market value.
2 days ago

Singlife Financial Advisers CEO to stick to growth roadmap

The market is ever changing, and SFA would adjust its strategy and pivot when needed.
3 days ago

Korea’s new capital rules reduce insurers' capital burden

Under the revision, capital adequacy benchmark will be lowered to 130% to 140%.

Insurers may cover only 25% to 33% of disaster damages by 2030

Insurers also expect to gain up to 15% revenue rise from AI and tech boost.

Few Singapore SMEs have cyber insurance

They seek to ward off cyber threats but not through insurance.

BFSI sector leads cyber insurance adoption at 35% to 40% share

This was followed by the technology and IT sector at 30%.

Vietnam’s life insurance sector slated for dip this 2025

This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024

Australian firms expect financial crime surge in 2025

Only a fourth of firms admitted their programmes are adequately equipped.

65% of Hong Kong SMEs lack business interruption coverage

Rising property rental prices remained top concern for the second consecutive year.

Indians face higher premiums on spiralling healthcare costs

Hospital expenses keep rising due to inflation and demand for sophisticated treatments.

Cyber insurers focus on SMEs as policies cover firms under $10m

SMEs account for more than 80% of all cyber policies.

4 in 5 insurers plan to increase AI investment over next year

36% of respondents are also prioritising efforts to build trust.

APAC insurance M&A drops 25% as firms focus on organic growth

Globally, M&A activity hit a 16-year low in 2024.

BMS CEO’s key to success is communication

Asking for support shows self-awareness and commitment to growth.

Singapore moms juggle family tasks and money matters

Their finances have improved relative to when their mothers were their age.