News

asian-cyber-insurers-broaden-property-damage-cover-amid-heightened-scrutiny-of-war-exclusions-marsh

Asian cyber insurers broaden property damage cover, heighten scrutiny of war exclusions: Marsh

April 24 2025

Cyber insurance rates in Asia dropped 8% in Q1 2025, continuing a soft market trend.

Manulife HK, JUST FEEL partner to promote emotional education in schools

April 24 2025

The partnership will include Hong Kong’s first emotional education course designed specifically for financial advisors.

south-korea-targets-stronger-oversight-as-insurance-retention-lags-global-peers

FSS looks to boost South Korea's lagging insurance retention

April 24 2025

Country's five-year retention rate is considerably lower than some global peers.

PERILS estimates A$2.57bn in insured losses from Cyclone Alfred

April 23 2025

Estimate makes Aflred the country's second largest industry loss, on an adjusted basis, since Cyclone Tracy in 1974.

south-korean-motor-insurance-market-anticipated-to-exceed-us19bn-by-2028

South Korea motor insurance poised for strong growth but profitability headwinds loom: GlobalData

April 23 2025

Insurers brace for rising loss ratios despite premium hikes and EV-driven expansion through 2029.

OneDegree targets full-year profitability in 2025 after five years of rapid growth

April 23 2025

Hong Kong digital insurer reports a 27-fold revenue increase since 2020, driven by pet insurance expansion, operational efficiency, and product diversification.

moneyhero-bolttech-launch-integrated-car-insurance-purchase-in-hong-kong

MoneyHero partners with bolttech to provide embedded motor insurance directly through Hong Kong platform

April 23 2025

New solution enables users to compare and purchase policies directly from MoneyHero.

msad-to-invest-5bn-to-double-north-american-profits-as-it-eyes-market-leadership

MS&AD to invest $5bn to double North American profits: Report

April 23 2025

CEO Shinichiro Funabiki tells Bloomberg the insurer is looking to bolster its overseas business to address headwinds in Japan.

MNRB considers takaful sale amid renewed interest: Report

April 22 2025

The potential sale has reportedly attracted interest from local banks and global insurers eyeing Malaysia’s takaful market.

Pakistan’s competition watchdog urges sweeping insurance sector reforms to dismantle monopolies

April 22 2025

The Competition Commission of Pakistan has called for structural reforms to open reinsurance and public sector business to private players.

japans-major-non-life-insurers-report-profit-surge-for-fy2024

Japan life insurers to maintain capital stability, adjust investments under new rules: Moody's

April 22 2025

The agency maintained a stable outlook for Japan’s life insurers, citing solid capital, steady profits, and a shift toward private assets.

perils-ag-updates-ied-2025-to-include-scs-exposures-in-japan-and-new-zealand

PERILS updates industry exposure database to include SCS exposures in Japan and New Zealand

April 21 2025

The expansion also incorporates property and motor hull exposures.

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