Insurance
India’s non-life insurance premiums rise 2.4% in July 2024
India’s non-life insurance premiums rise 2.4% in July 2024
The Bima Trinity initiative is expected to drive further sector growth.
APAC’s takaful insurance market to grow fastest with 18.4% CAGR by 2032
Globally, the market is projected to bag $126.8b by 2032.
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.
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