Insurance
Commercial insurance rates sink 5% across Asia amidst rise in cyber demand
Commercial insurance rates sink 5% across Asia amidst rise in cyber demand
Insurers broadened protection to cover supply chain attacks and social engineering fraud.
Philippines’ insurance penetration stalls at 1.79% as payouts hit $3b
Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years.
Indonesia life premiums fall 1.1% in 9M 2025 despite coverage jump
Insured lives climbed 12.8% to 151.56 million by September 2025.
Japan life premiums grow 5.4% CAGR amidst yield volatility
Gross written premiums are projected to reach $334b by 2030 following a 2024 contraction.
HK-China insurers target offshore wealth as agent count hits 5.5-year high
Expanding HK talent schemes drove life insurance agent numbers up 9% by December 2025.
Philippines pre-need premiums rise to $300m
Industry sold 690,064 plans by Q3 2025 up from 509323 a year earlier.
Singapore life insurers log $5.16b as LIA flags 2026 caution
Industry expands 11.3% in 2025 whilst leadership signals unpredictability ahead.
Non-life insurance outlook holds as India cuts GST to 0%
Individual life and health cover have become more affordable after the tax rate fell from 18%.
Insurance businesses lose over $1.14m a year to payment fraud
The report warns transaction fraud can escalate into claims fraud if missed early.
Taiwan insurance profits plummet 43.3% to $6.2b in December
Total industry earnings sink as life insurance sector profits halve in 2025.
Hong Kong insurance hiring spikes amidst $55b premium windfall
Massive H1 2025 revenue fuels aggressive hiring for digital transformation roles.
Young adult cancer claims surge across 82% of APAC insurers
Breast and colorectal cancers are the leading types driving claims across the region.
Only 33% of retirees expect savings to last a decade: Axis Max Life
Even amongst those with health insurance 67% fear financial shortfall.
APAC insurers slump to 23% confidence in complex asset tools
Only 42% of regional executives rate their current systems as excellent for data integration.
Steady loan outlook erodes as Philippine banks brace for Q1 squeeze
Banks expecting a flat borrowing appetite fell significantly from a previous high of 80.7%.
Seven in 10 Asians forced to work past retirement: Sun Life
Nearly two-thirds of those working late cite the urgent need for daily expense income.
Hong Kong insurance gains momentum as mainland arrivals climb 19%
December visitor traffic hit 4.7 million reinforcing cross-border premium growth channels
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