Insurance
South Korean insurers post 14.5% profit drop in 2025
South Korean insurers post 14.5% profit drop in 2025
Total premium income reached $179b across life and non-life segments.
1 day ago
Generali taps Rao to run India P&C business
The change takes effect on 1 April, with the veteran bringing 35 years of sector experience.
1 day ago
Singapore’s finance sector hit by the second-highest job cuts rate
Employment reductions place services near the top of the industry ranking.
1 day ago
PICC profit rises 26% but growth set to ease
Net income is forecast to reach about HK$39.4b in 2026 from HK$36.0b in 2025.
2 days ago
Liberty folds APAC units into 1 licensed entity
Singapore, Hong Kong, Malaysia, and China now sit under merged underwriting structures.
2 days ago
Severe storms drive $60b in insured catastrophe losses
Hail events dominate payouts, accounting for up to 80% of related claims.
2 days ago
Pet insurance seen hitting $24b on 18% CAGR
Within services the segment is expected to represent about 0.09% of the total market.
2 days ago
Commercial insurance premiums to reach $1.4t in 2025
Reinsurance capital hit $760b, increasing competition across the sector.
3 days ago
Nan Shan profit rebound may not lift capital fast enough
Premium expansion has outpaced the industry average for 3 straight years.
3 days ago
China Life faces earnings drag as investment returns weaken
The insurer posted a fourth-quarter loss of $1.9b despite annual gains.
3 days ago
Sompo Japan outlook holds as Aspen deal raises execution risk
The agency also sees equity exposure from domestic stock holdings declining.
3 days ago
1 in 5 of Australians regret no insurance as premiums rise 4.41%
Average policyholders already pay about $164.2 monthly for coverage.
3 days ago
How Techcom Life deploys AI as only 15% of use cases scale
Its in-house assistant Tori is already being used by about 85% of 1,500 agents.
3 days ago
MAS flags risks in insurers’ private asset allocations and AIR
Allocations may include investments in private equity and credit.
3 days ago
Reinsurers reprice risk as Hormuz disruption hits oil flows
The waterway carries about 20% of global crude supply and a large share of LNG shipments.
4 days ago
Ping An's new business value jumps 7.5% to $15b
Its life and health arm posted RMB103.27b in value from newly written business.
4 days ago
FWD Singapore sets out three priority growth areas for 10th year
Growth reflects a stronger contribution from advisers in weighted new business premiums.
4 days ago
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1. Sun Life Philippines to boost sales force, bancassurance under incoming CEO 2. Wong Sze Keed builds people‑first culture at AIA 3. Vietnam banks leverage data, AI, and digital trust to capture customers 4. Singapore’s finance sector hit by the second-highest job cuts rate 5. Aditya Birla Health Insurance study cuts preventable claims by 31%Resource Center
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Event News
She examines technological changes affecting actuarial work and emerging trends that are currently shaping the insurance industry.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation