insurance
APAC insurers lag with legacy systems despite 87% claim digital lead
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.
Capital rules force Indian insurers to curb aggressive discounting
Aggressive discounting for short-term market share becomes harder to justify.
Zurich Indonesia speeds up claims after Bali floods
Faster settlement boosts confidence in insurance as a practical financial tool.
Vietnam mandates 100% payouts for near-poor, 75+ seniors
Reimbursement rates for near-poor cardholders will increase to 100%.
Can reforms offset Thailand non-life catastrophe exposure?
It aims to strengthen underwriting and resilience.
Seven in 10 APAC insurers expect private equity returns to rise
The survey covers APAC insurers managing $3.82t in assets, Clearwater Analytics said.
71% of Asia’s youth prioritise financial planning: Study
They cite financial security as their top life concern.
Will Gen AI caution worsen Singapore’s insurance talent crunch?
Regulatory expectations are pushing the industry to strengthen expertise risk management.
Zurich, YAS use AI to link taxi insurance to driving behaviour
Drivers with higher scores will unlock broader coverage and more benefits.
Will 100% FDI trigger India insurance consolidation?
It could also increase competition and expand reinsurance capacity in the domestic market.
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