Insurance
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
What will drive Malaysia’s life insurance market to bag $20.4b by 2029?
Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.
Insurers strengthen cyber governance as oversight shifts to CEOs
About 40% said CEO compensation is now tied to cybersecurity performance.
Fitch sees weak car sales weighing on Indonesia insurers, NBFIs
Fitch expects modest premium growth through 2026.
Sompo tests methane insurance as regulations tighten
Satellite monitoring and inspections help firms detect leaks and avoid fines.
Sri Lanka’s insurance industry posts 54.6% GWP growth over five years
GWP for the first quarter up 10.6% year-on-year to $0.3b.
How did Indonesia’s life insurance market perform in the first half of 2025?
The number of people insured rose 8.8% to 123.7 million.
Taiwan’s insurance industry reports profit of $1.4b at July 2025
But overseas investments generated additional net losses of $3.4b.
How expanding insurance could add over 4% to GDP across ASEAN
These gains are linked to stronger labour force participation and more.
How India’s two-wheeler insurance claims rose 15% in 2024
EV-related claims are 18% to 20% more frequent than petrol bike.
How Japan's non-life insurers record $12.4b net income in fiscal 2024
As of 30 April, 57 general insurance companies were operating in Japan.
Asia-Pacific insured only 5% to 7% of hazard losses
Additionally, more than half of the countries had less than 5% of losses.
Asian investors increase demand for secondary life insurance assets
Interest is growing in Singapore, Hong Kong SAR, and Japan.
Why Indian insurers are expanding plans with outpatient health benefits
Regular outpatients have 5% to 10% fewer hospitalisations.
Employers cut insurance benefits as costs reshape strategies across APAC
Looking ahead, 33% of organisations plan to enhance outpatient insurance.
Philippine life insurance premiums rise 12% to $3.51b in H1 2025
It was mainly driven by a 15.47% increase in variable unit-linked premiums.
Ocean hull premiums grow as fleet value climbs to $1.54t
Asia-Pacific accounted for 35% of market premiums.
Cyber insurance market grows 7% to $15b in 2024
Despite softer demand and rising competition, the sector remained profitable.
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He emphasised that the future belongs to leaders who not only demonstrate strong competence but also uphold a deep sense of moral conscience.
