Insurance
Taiwan life insurers gain 36% in investment-linked products
Taiwan life insurers gain 36% in investment-linked products
Traditional insurance product sales reached $3.59b.
bolttech, Sumitomo Corporation to tackle Asia’s used smartphone market
Reusing old phones, seen at 430 million units by 2027, benefits the environment.
Auto insurers under strain from high-tech repairs
Fixing EVs is expensive, leading many to declare these as a loss.
How much will China’s insurance market grow by 2032?
Its market value could reach $1.4t in seven years.
Manulife survey finds independence outweighs lifespan amongst priorities
All respondents either own or intend to buy insurance.
Global firms eye Hong Kong captives to manage risk
Self-insurance could lower premiums over time and improve liquidity.
Why 6 in 10 Gen Zs don’t feel financially secure
But emergency savings has gained traction amongst the generation.
1 in 2 Singaporeans say communication is excellent amongst insurers
89% said communication is important to their overall customer experience.
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
Revised solvency rules could spur new wave of Malaysian insurance M&As
Insurers must provide capital for increased risk from floods, among other charges.
Asia sees sustained growth in construction insurance in 2024
However, insurers are pursuing profitability and program stability over the long term.
India life insurers post steady May growth despite policy volume drop
Annual Premium Equivalent by 14.4%.
South Korea’s motor insurance grows 2.4% in 2025 with rate hikes
Motor insurance remains the largest segment in the general insurance industry.
Asia’s insurance markets grow in 2024 on life, health gains
China led Asia’s life insurance recovery.
How do employees in Asia feel about their coverage?
Rising medical trend rates are significantly outpacing salary increases.
APAC insurance CROs lag peers on operational risk preparedness
Cybersecurity remains the leading risk in the region, cited by 62% of APAC CROs.
South Korean insurers bag $10b in profits for 2024
The increase was mainly driven by higher investment income across life and non-life.
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