Insurance
What will drive the APAC life insurance market to bag $2t in five years?
What will drive the APAC life insurance market to bag $2t in five years?
India and China are major drivers of the sector’s growth.
China's non-life insurance sector should remain stable: AM Best
Insurers continue to face weak domestic demand, the agency said.
2 in 5 Indians with disabilities lack health insurance
Despite government intervention, many persons with disability are still left out of proper coverage.
Why Indian companies increase use of insurance after cyber threats rise
Indian companies reported heavy financial losses tied to key insurable risks.
How stable is Hong Kong’s insurance market?
Hong Kong saw $13.1b (HK$100.5b) in general insurance gross premiums for 2024.
Malaysia sees stable non-life growth amidst premium rise
Gross direct premiums reached $5.43b in 2024, up 7% from the previous year.
What type of insurance coverage do Indians prefer now?
Women are increasingly choosing Critical Illness (CI) riders.
Why Japan’s insurers brace for heavy payouts in projected quake scenarios
Nankai Trough earthquake has a 60% to 90% probability of occurring.
Why Taiwan’s non-life insurance sector maintains steady growth
AM Best says the non-life sector is supported by stable underwriting performance.
Singapore insurers face rising claims with medical costs set to climb
57% of insurers expect further increases in medical cost over the next three years.
Insurers must expand cyber protection as Singapore shipowners upgrade security
Insurers must update underwriting as cyber navigation disruptions rise.
APAC insurance M&A cools with fewer Q3 deals
Despite that, Asian insurers continued to pursue overseas expansion.
Why 4.5 million Australians skip insurance claims over premiums
The most commonly skipped claims were for home and car insurance.
3 in 5 Singaporeans worried they can’t afford vital medical care
There is also uncertainty over where to seek treatment adds to the problem.
How did Singapore's life insurance sector perform year-to-date?
Business premiums for life insurance recorded $4.76b, whilst integrated shield plans accounted $496.5m.
What will drive APAC’s insurance claims market to grow 16.6% annually?
AI and data analytics will catapult the global industry to bag $638.3b by 2032.
Employers in Asia see budgets strained as insurers tighten coverage
63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.
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