Life and Health

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AIA Hong Kong allocates additional HK$20m for those impacted by Tai Po fire

December 3 2025

The amount brings the insurer’s total financial aid for those affected by the Wang Fuk Court fire to HK$40m.

Pacific Life Re names Soichiro Makimoto as head of Japan Representative Office

December 3 2025

He joins the reinsurer from Moody's Japan, where he recently served as vice president - senior credit officer.

LIC appoints Ramakrishnan Chander as managing director

December 2 2025

He previously served as the company's executive director (Investment–Front Office) and chief investment officer.

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Wang Fuk Court fire expected to "halt downward pressure" on Hong Kong property reinsurance rates, says AM Best

December 2 2025

The Tai Po blaze could prompt reinsurers to tighten terms and impose stricter underwriting at upcoming renewals.

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Asahi Life to enter Vietnam with US$170m acquisition of MVI Life from Manulife

December 1 2025

Asahi Life makes first-ever international acquisition as the Japanese insurer looks to make overseas business a key source of income.

S&P affirms Sony Life’s ‘A+’ rating as rising rates expose ALM weaknesses

December 1 2025

Sony Life’s net premium growth continues to outpace the domestic market despite ongoing pressures from Japan’s higher interest rate environment.

Taiwan insurers’ profit falls 49% in October as life sector hit by currency effects

December 1 2025

Non-life insurers posted a 26.8% rise in profit, but life insurers saw a 54.9% drop compared to 2024.

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Aon estimates nearly 3m affected in Thailand, thousands displaced in Malaysia, Indonesia, due to Cyclone Senyar

December 1 2025

Following the extensive damage, affected governments have triggered emergency response plans, focusing on speedy delivery of releif services.

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Singapore's general insurance industry set to grow to US$6.5bn by 2030 driven by PA&H line: GlobalData

December 1 2025

The expansion is fueled by several factors, including elevated claims, medical inflation, an ageing population, and ongoing infrastructure investments.

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APAC insurers maintain solid financial stability with no downgrades in 2024, reports AM Best

December 1 2025

AM Best says rated insurers kept stable credit profiles, with 14 upgrades and no downgrades recorded last year.

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