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

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India insurance premiums hit $131b as agents lose dominance

Bancassurance and alternative channels now drive the bulk of incremental growth in non-life sectors.
4 hours ago

Insurers face China AI surge as report ranks disruption as top threat

Regulation change sits third with 33% citing it as a major risk driver for companies.
3 days ago

Insured catastrophe losses top $100b for sixth straight year

Global settlement figures declined by $40b compared to the record highs seen during 2024.
3 days ago

South Korea insurers see profits sink 15.2% in 9M 2025

Net income slid to $7.90b despite gains from asset sales and revaluations.
4 days ago

India non-life could rise up to 11% as regulator rewrites access

Insurance for All by 2047 backs faster product clearance and wider agent tie-ups.
4 days ago

Insurtech funding doubles to $16b but deals shrink

Investment value jumped in 2025 even as transactions dropped to 166.
5 days ago

Sri Lankan insurers brace for 2025 profit squeeze as non-motor losses mount

Low retention and strong reinsurance keep most rated credit profiles intact.

Can Indonesian insurers sustain 20% to 40% growth targets?

The non-life insurance market slowed significantly in 2024 with GWP rising 6%.

APAC insurers lag with legacy systems despite 87% claim digital lead

The legacy constraint rate rises from 90% at $1b to $5b firms.

Chinese insurers' earnings recover as Fitch cites tighter commission controls

Major insurers report YoY earnings improvements despite ongoing tariff and trade tensions.

India set to outpace China, US in premiums by 2030

The outlook for India marks a sharp rebound from 2025, when growth slowed to 3.1%.

Taiwan life insurers face rising risk in $32b FX mismatch

Fitch warns that spreading FX gains over bond life does not reduce the sector's actual exposure.

Can China’s $140b motor insurance market survive a 70% loss ratio?

Loss ratios surged from 57% to 70% in four years as NEV repair costs and parts prices spiked.

Hong Kong regulator guts insurance referral fees with 50% cap

Unlicensed third-party referrers previously captured up to 95% of commissions through hidden rebate structures.

APAC insurance gap above 80% leaves weather exposure

But cyber incidents remain the top risk for APAC businesses, the report showed.

Financial planning rises as 63% cite uncertainty, Prudential says

Thailand stands out: 70% choose higher-risk investing, and 68% prefer short-term instruments.