News

perils-expands-typhoon-industry-forecasting-platform-to-japan

PERILS expands typhoon industry loss forecast platform to Japan

August 28 2025

Wind-Jeannie platform provides (re)insurers with data on expected wind gust footprints and potential losses before typhoons make landfall.

Peak Re posts 25% GWP growth in H1 2025

August 28 2025

Unaudited results from parent Fosun International show reinsurer's revenue and net profit rose in the first half of 2025.

malaysia-takaful-association-unveils-new-strategic-framework

Malaysia's insurance chiefs back higher age limits as nation prepares for ageing boom: Report

August 28 2025

Industry leaders say extending coverage could tap new markets while meeting social needs, but warn products must remain financially viable.

south-korean-insurers-net-profit-fell-by-15-in-1h25

South Korean insurers' net profit falls by 15% in H125

August 28 2025

The non-life sector saw a nearly 20% dip in net profits, while the life segment fell by 8.5% in the first half of 2025.

Sompo to buy Aspen for US$3.5bn

August 27 2025

The transaction, pending regulatory approvals, is expected to close in the first half of 2026.

prudential-singapore-launches-new-wealth-suite-for-high-net-worth-clients

Prudential’s Asia growth drives higher H1 profits and expanded buyback plans

August 27 2025

The insurer reported a 12% rise in new business profit and a 14% increase in operating free surplus for the first half of 2025.

taiwan-currency-surge-prompts-diverging-hedging-strategies-among-life-insurers

Taiwan general insurance market to exceed US$13bn by 2029 amid quake risk, EV uptake: GlobalData

August 27 2025

Rising earthquake awareness and EV reforms are reshaping Taiwan's insurance landscape.

ping-an-partners-with-jba-to-enhance-flood-risk-modelling

Ping An posts stable H1 profit growth led by surge in L&H new business value

August 27 2025

P&C arm saw COR improve to 95.2%, as the group accelerated AI adoption in key business areas.

Fitch upgrades Nippon Life's ratings on rising profitability, overseas expansion

August 27 2025

Nippon Life's core profits also returned to pre-pandemic levels, increasing to 19% in FY25.

resolution-life-signs-japan-flow-reinsurance-deal-with-taiju-life

Major Japanese life insurers to end secondments following data leak scandals: Report

August 27 2025

Nippon Life, Meiji Yasuda, Sumitomo Life and Dai-ichi Life will end the practice following data leak scandals involving seconded staff.

scor-singapore-plans-transfer-of-reinsurance-business-to-regional-entity

SCOR Singapore to transfer reinsurance business to regional APAC entity

August 26 2025

The transfer is intended to simplify SCOR’s legal entity structure while maintaining continuity for existing reinsurance contracts.

australias-aub-group-expands-uk-footprint-with-80-stake-in-movo-group

AUB Group posts 17% profit rise as organic growth, bolt-on deals drive performance

August 26 2025

The Australian insurance broker delivered A$200.2m in underlying net profit for FY25, with strong performance across all divisions driving confidence for further growth.

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