Ralph Martinez

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South Korea life insurance market to grow 4.5% annually through 2030 on reforms, ageing population

September 29 2025

GlobalData estimates direct written premiums will expand to KRW234.3 trillion (US$167bn) in 2030.

Zurich Insurance and YAS launch rewards-based motor cover for Hong Kong’s electric taxi drivers

September 29 2025

The three-tier insurance scheme uses real-time driving data to reward safer behavior, with coverage expanding from personal accident protection to family benefits.

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New IRDAI chief warns high distributor commissions driving up policy costs, proposes mutual fund-style model: Report

September 29 2025

Chairman Ajay Seth has proposed insurers explore mutual fund-style distribution models as the regulator prepares to form a panel on reducing costs.

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Fitch affirms Meiji Yasuda Life at 'A+' as overseas earnings jump to 20% of group profit

September 29 2025

The Japanese insurer's international operations now contribute a fifth of group core profit, up from 16% a year earlier, driven by US acquisitions.

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Former Meritz Fire & Marine CEO, executives under investigation for alleged insider trading scheme: Reports

September 26 2025

The investigation focuses on alleged share purchases made just before major merger announcement in 2022.

Aon India appoints Prasanna Kumar as Regional Head for Commercial Risk Sales

September 26 2025

Insurance services firm promotes five-year veteran to lead southern operations and surety business growth

Maurice Gatto has been appointed as the Head of Global Placement for Marsh Pacific

Marsh Pacific names Maurice Gatto as Head of Global Placement

September 26 2025

Appointment adds to recent senior hires as broker strengthens Pacific operations.

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Hong Kong insurance losses from Ragasa expected below Mangkhut’s level: Howden Re

September 26 2025

Super typhoon looks to have caused less severe damage than initially feared, but reinsurers might still face sizeable losses.

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India's Galaxy Health Insurance sets FY 2027 premium goal at 4.5bn rupees, eyes breakeven in 4 years

September 26 2025

The insurer, which secured its licence in 2024, is expanding its product mix and branch network in India.

Aon India appoints Manoj Kumar as Head of Sales & Growth

September 25 2025

Internal promotion sees decade-long Aon veteran take on expanded commercial risk and health solutions role.

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