Insurance

Malaysia warns of downside risks for insurers from market volatility

Overall profitability of ITO funds increased in the first half of 2024.

Malaysia warns of downside risks for insurers from market volatility

Overall profitability of ITO funds increased in the first half of 2024.

Car insurance premiums rise 16% in Australia

The average car insurance premium across the country is now $1,717.

Chinese insurers shift to floating-return products amidst risks

Its P&C sector is under strain due to market volatility.

Why are APAC retirees struggling with unexpected costs?

Over a fifth of respondents had not anticipated their retirement expenses.

Insurers to tackle rising chronic disease rates by 2030

Mental health is now seen as a priority across generations.

Cambodian insurers see gross premiums inch up 1.92% in August

Number of policies in the general insurance market dwindled 31.9%.

Will reinsurers see price increases in 2025?

Nearly a third of respondents predicted price hikes of more than 5%.

Over 7 in 10 Indonesians view insurance claim falsification as most taboo fraud

In contrast, a sizeable portion of the population feels otherwise.

How is APAC leading with AI to fight insurance fraud?

74% of respondents reported that fraud cases are either stable or increasing.

Parametric insurance market set to double by 2033

The manufacturing sector held the largest share of the market in 2023. 

India's life insurance APE growth slows to 10.5% in August

LIC's performance in 5M FY 2025 outpaced its private sector peers

How did APAC insurers fare in 2023?

The average premium earned by these companies grew by just 1.3%.

S&P warns of strained profitability for insurers due to climate events

Last year was the fourth straight year insured losses surpassed $100b globally.

APAC insurers increase cybersecurity investments by 48%

Insurance premiums for cyber policies rose by 70% from 2020 to 2022.

Construction insurance sector set for growth with energy, utility projects

Energy and infrastructure projects are expected to climb 7.8% and 5.1%, accordingly.

Zurich partners with Tesla in Australia as it rides EV trend

The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.