Insurance

Hong Kong general insurance GWP to reach $10.9b by 2028

Rising consumer prices can affect the industry’s profitability in the short-term.

Global M&A rebounds, APAC outshines peers

WTW said this trend was mainly seen in the W&I insurance market.

China's long-term care insurance sees regulation overhaul

Since its launch, the scheme has covered 180 million people.

Why are intangible assets more valuable but less insured?

Only 44% of respondents feel prepared for an IP ‘Black Swan’ event, Aon said.

Pressures mount for less desirable energy insurance placements

Industry experts eye offshore investments as most attractive, yet more expensive.

Philippines' microinsurance premiums jump to $240m in 2023

The year saw 56.62 million Filipinos covered under microinsurance policies.

Insurance incentives sweeten EV deal for consumers

Tax incentives and the introduction of charging stations are boosting the EV market.

How are Insurance-Linked Investments profitable?

Schroders says ILS is primarily driven by natural events rather than corporate factors.

Which pet breeds are the most expensive to insure?

Southern Cross Pet Insurance paid a total of AU$30m in claims last year.

Four key policies to change Vietnam’s health insurance law

93 million Vietnamese individuals have health insurance.

The global insurance market projects a 4.5% CAGR increase by 2027

Demand for car and travel insurance is increasing, amidst mandatory coverage.

Korean insurers immune from overseas CRE decay: Fitch Ratings

Fitch believes robust capitalisation will enable insurers to absorb shocks from losses.

Hong Kong and Macao discuss cross-market insurance issues

Discussions included topics such as the sale of life insurance products to MCVs.

Heavy rains in Southwestern Asia reveal insurance shortfall

Dubai saw its heaviest rainfall in more than 70 years.

Allianz sells 51% stake in Saudi unit

Abu Dhabi National Insurance is the buyer.

Asia bears $17b of Q1 natural disaster economic loss

Less than half of the global economic losses were insured during Q1’24.