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

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Nearly half of APAC insurers rank reporting as top compliance challenge

Only 5% of respondents rated regional compliance capabilities as weak.
1 day ago

Southeast Asia insurers risk profit hit from weak data systems

Igloo CEO says outdated infrastructure limits AI gains despite rising spending.
2 days ago

Cyber insurance shock could emerge every 10 to 18 years

Howden Re compared potential cyber losses to moderate catastrophe years such as 2008.
6 days ago

Asia-Pacific insurance may reach $10t by 2034

The sector is forecast to grow at a 15.6% annual rate through 2034.
6 days ago

Insurance buyers gain leverage as pricing softens: Aon

Aon said capacity and underwriting flexibility improved across major lines.

Hong Kong insurance sales rebound as Chinese visitors return

Average Mainland arrivals rose 20% to 3.7 million in Q1 2026.

Asia’s commercial insurance rates drop 5% in Q1 2026

This marks the seventh straight quarter of declines across the region.

Asia disasters leave 92% losses uninsured

Insured catastrophe losses totalled $5.2b in 2025 across the region.

Australia premiums soften amidst reinsurance relief

Fewer large catastrophe losses helped improve terms for insurers.

Hong Kong insurer complaints rise for fourth straight year

The Insurance Authority has flagged gaps in incentives, disclosure, and oversight.

Hong Kong insurance records 109,813 new policies

New direct long-term business covered 1.1 million lives in 2025.

Capital regime pressure hits Korean insurers' margins amidst rising claims

New core capital ratio rule is set to tighten balance sheet quality.

4 in 5 Filipino women say caregiving role halts financial security building

Just 27% say they have enough means to support themselves beyond age 90.

Rising climate losses test China’s insurance safety net

Profitable insurers face limits in passing disaster risk despite market scale.

High insurance costs limit Arctic shipping to niche cargo

Routes can cut sailing distance by up to 40% between Asia and Europe or North America.

Underinsurance leaves APAC economies to absorb $69b losses

At least 15 events each caused damage exceeding $1b across the region.