Insurance

Insurers lag climate action as disaster losses hit $280b

Insurers lag climate action as disaster losses hit $280b

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

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

Demand from non-metro areas has accelerated over the last 2 months.
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South Korean firms seek insurance amidst workplace injury risks

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

Malaysia insurance premiums rise 6.1% as motor losses persist

Motor remained the largest business line with 45.2% of the industry portfolio in 2025.

APAC insurance IT budgets rise as AI reshapes spending priorities

Reducing costs increasing revenue and meeting regulations are emerging as key business goals.

Japanese life insurers pivot to offshore M&A as domestic market peaks

Fitch forecasts major life insurers will hold enough capital to secure ratings through March 2027.

AU insurers vanish from 70% of specific AI search answers

Somantra studied 34,278 consumer conversations across 20 Australian insurers.

Ransomware losses hit $5.3m as insurance payouts fall short

The average ransom demand reached $3.8m whilst actual payments averaged $1.5m.

Construction insurance gaps threaten project financing

Zurich said lenders may cut commitments when adequate cover is unavailable.

Why Taiwan insurance trails Asia’s high-growth markets

Life premiums reached $65.1b in 2025 with private savings still central to demand.