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This week in insurance: Catastrophe losses ease, Allianz buys HSBC Life Singapore, Chubb launches shopping cover
This week in insurance: Catastrophe losses ease, Allianz buys HSBC Life Singapore, Chubb launches shopping cover
Sompo has also acquired a Brazilian company.
28 minutes ago
Allianz buys HSBC Life Singapore for $2.1b
Allianz buys HSBC Life Singapore for $2.1b
The agreement includes a 15 year exclusive bancassurance partnership through HSBC.
20 hours ago
Japan forces uninsured verification for medical cover
Japan forces uninsured verification for medical cover
Expired conventional cards will no longer be accepted under the temporary measure from August.
22 hours ago
AIA and MediCard combine life and health benefits
AIA and MediCard combine life and health benefits
Employers can provide medical access and financial protection through a single package.
23 hours ago
Cambodia signs university deal amidst insurance literacy gap
Cambodia signs university deal amidst insurance literacy gap
Only 1.11% of national economic output is covered by the industry.
23 hours ago
Sompo acquires Fator to expand Brazil insurance business
Sompo acquires Fator to expand Brazil insurance business
The target specialises in property surety and financial lines for corporate clients.
23 hours ago
Chubb and Atome launch shopping fraud cover
Chubb and Atome launch shopping fraud cover
Cardholders can seek reimbursement when goods arrive damaged or fail to arrive.
23 hours ago
Travel credit insurance market exceeds $14.1b
Travel credit insurance market exceeds $14.1b
Rising tourism and exposure to natural disasters are increasing protection demand across APAC.
1 day ago
FWD Singapore and Ascend Asia partner on financial advisory services
FWD Singapore and Ascend Asia partner on financial advisory services
Firms will collaborate on analytics, technology, and advisory tools.
1 day ago
Sun Life appoints Lee Sarkin to lead Asia AI push
Sun Life appoints Lee Sarkin to lead Asia AI push
He will take up the Hong Kong-based role on 1 September.
1 day ago
Aon raises data centre insurance capacity to $5b
Aon raises data centre insurance capacity to $5b
The programme now supports projects from construction through long term operations.
1 day ago
Asian insurer gains face regulatory pressure in second half of 2026
Asian insurer gains face regulatory pressure in second half of 2026
China-Hong Kong fund movement rules could become more restrictive during the period.
1 day ago
China cuts medical device prices under national crackdown
China cuts medical device prices under national crackdown
More than 50,000 certified workers have been trained to deliver nursing and personal assistance.
2 days ago
Zurich sells critical illness cover through Shopee
Zurich sells critical illness cover through Shopee
Eligible customers receive the Basic option free for the first month during the campaign.
2 days ago
Techcom Insurance plugs public health gaps with co-pay plan
Techcom Insurance plugs public health gaps with co-pay plan
Direct billing is available at public hospitals nationwide.
2 days ago
Forum
How exposed are Asia's factories to cyberattacks?
Many industrial losses fall outside traditional insurance policies.
Are Hongkongers ready to fund longer lives without relying on family?
One in five expect children to help fund retirement and care.
How can Asian households plan further ahead?
More than half of people have no financial plan beyond one year.
Exclusives
Insurance
Middle East war exposes cash-flow risks for Singapore SMEs
UOI CEO says many businesses remain underinsured amid rising operating costs.
4 days ago
Insurance
EFGH bets on embedded microinsurance beyond Singapore's wealthy
![EFGH bets on embedded microinsurance beyond Singapore's wealthy]()
Most consumers don’t need big insurance policies, said EFGH's CEO David Ng.
Insurance
Fraud costs expose Hong Kong insurers’ payments lag
![Fraud costs expose Hong Kong insurers’ payments lag]()
Cheques and manual work persist as fraud costs reach up to 5% of revenue.
Insurance
Asia-Pacific insurers turn to emerging market debt for yield
![Asia-Pacific insurers turn to emerging market debt for yield]()
Investment-grade issuance now accounts for more than half of the market.
Insurance
Singapore insurers expand beyond protection into wealth planning
![Singapore insurers expand beyond protection into wealth planning]()
Only 41% of consumers own life insurance.
Insurance
Insurers tighten control over Hormuz shipping routes
![Insurers tighten control over Hormuz shipping routes]()
Japan and South Korea face higher exposure to Gulf energy risks.
Insurance
Companies rethink health cover as claim costs climb
![Companies rethink health cover as claim costs climb]()
MOH rider changes tighten coverage and lift co-payment exposure from April 2026.
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Inside FuSure Reinsurance Company Limited’s win at the Insurance Asia Awards 2026
Victor Shi, CEO of FuSure Reinsurance Company Limited, highlights how FuSure’s international expansion supports sustainable long-term growth.
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Most Read
1. Middle East war exposes cash-flow risks for Singapore SMEs 2. India leads major insurance markets at 7.1%: Swiss Re 3. Allianz buys HSBC Life Singapore for $2.1b 4. Asia-Pacific M&A insurance claims climb on complex deals 5. FWD Singapore and Ascend Asia partner on financial advisory servicesEvent News
Inside FuSure Reinsurance Company Limited’s win at the Insurance Asia Awards 2026
Victor Shi, CEO of FuSure Reinsurance Company Limited, highlights how FuSure’s international expansion supports sustainable long-term growth.
Commentary
Why expanding embedded insurance is Asian telcos’ next differentiator