insurance News - The Latest News, Insight, Commentary & Analysis at Asian Business Review

insurance

Why insurers turn to private markets in 2025?

Over the next 12 months, 67% of insurers plan to use reinsurance sidecars.
7 hours ago

Singapore businesses boost insurance spending as risks rise

38% of Singapore firms plan to reassess security of their overseas operations.
1 day ago

Why Singapore health insurers lag in aligning brand and reality

Forrester said insurers must offer more affordable healthcare plans.
1 day ago

Macau insurance sector grows 5% as premiums and profits rise in 2024

Total gross premiums reached $4.67b last year.
2 days ago

Nepal insurance activity surges in September as premiums double

Gross premium collection jumped to $0.31b.
2 days ago

Why Taiwan’s insurance outlook remains solid through 2029

The market is projected to expand by 8.8% this year.
2 days ago

APAC tax insurance gains traction beyond M&A transactions

The share of tax insurance placements in non-M&A contexts rose to 20% in 2024.
3 days ago

Aon reports $114b in insured losses from 2025 disasters

Total economic losses stood at a minimum of $203b in the first 9 months.
4 days ago

Great Eastern bets on AI, specialised products in strategy revamp

It plans to expand its products for high-net-worth people and SME owners.
4 days ago

APAC’s guaranteed auto protection insurance market slated for 13.2% CAGR

Globally, the market is expected to grow from $3.2b in 2021 to $8b by 2031.

What will drive Malaysia’s life insurance market to bag $20.4b by 2029?

Policy ownership has increased from 41.5% in 2019 to 45.5% in 2024.

Insurers strengthen cyber governance as oversight shifts to CEOs

About 40% said CEO compensation is now tied to cybersecurity performance.

Fitch sees weak car sales weighing on Indonesia insurers, NBFIs

Fitch expects modest premium growth through 2026.

Sompo tests methane insurance as regulations tighten

Satellite monitoring and inspections help firms detect leaks and avoid fines.

Sri Lanka’s insurance industry posts 54.6% GWP growth over five years

GWP for the first quarter up 10.6% year-on-year to $0.3b.