Insurance
Asia’s reinsurers expand into mature global markets
Asia’s reinsurers expand into mature global markets
AM Best’s Asia Reinsurance Composite posted higher net income in 2024.
Thai life insurance industry grows 4.87% to $10b in H1 2025
New business premiums rose 7.38%.
Insurers may need to hire remotely to bridge talent gap
There is strong demand for actuaries, while underwriting faces a shortage.
GlobalData says 41.9% see green insurance as essential
Meanwhile, 30.5% said such products are not essential.
Singapore life insurers’ H1 2025 weighted new business premiums rise 7.7%
This was driven by Investment-linked policies.
Indexed life plans rise as Singapore heirs shun family firms
They offer stability and in-depth estate planning solutions.
Taiwan’s insurers report $650m loss in H1 2025 earnings
In contrast, non-life insurers posted a pre-tax profit of $0.52b.
3 in 10 Taiwanese Gen Z investors now include insurance in their portfolios
Younger investors aim to manage risk whilst building long-term wealth.
Hong Kong insurance premiums hit $28.6b in Q1 2025
This was driven by robust growth in both long-term and general insurance business.
Insurers broaden AI use beyond underwriting in Q3 2025
The industry saw higher AI adoption rates in customer service.
Oona Insurance eyes M&A to boost earnings
Stricter capital rules are pushing weaker players out of the Philippine market.
Only 4% of insurers fully trust AI agents despite growing interest
42% of insurers have yet to develop a formal strategy for deploying AI agents.
Hong Kong general insurance market to hit $10.9b by 2029
Personal accident and health insurance is expected to remain the largest segment.
Aon reports $100b in global insured disaster losses for H1
This figure marks the second-highest total for any first half of a year.
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.
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