Non-life

AM Best upgrades Shinkong Insurance’s long-term issuer credit rating to a+

April 24 2025

Rating agency cites strong underwriting gains and steady investment income as key factors behind the upgrade.

Thai insurers' Myanmar quake losses expected to be absorbed by reinsurers: S&P

April 24 2025

Thai insurers may face higher reinsurance costs and tighter margins in quake's aftermath.

indias-gi-market-projected-to-grow-13-in-fy2026-india-ratings

India's GI market to grow 13% in FY2026: India Ratings

April 24 2025

Standalone health insurers are expected to grow 21%, driven by medical inflation, rising awareness, and increased policy switching.

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.

china-unveils-plan-to-boost-insurance-support-for-cross-border-trade-in-shanghai

China rolls out new plan to boost insurance support for cross-border trade

April 24 2025

China targets growth in areas like trade credit insurance, reinsurance through the Shanghai International Financial Centre.

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.

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