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Asia drives global life insurance growth as players adapt to regulatory changes, local competition

April 8 2025

2024 financial results show life insurers growing in Asia thanks to rising demand for health and retirement products, even as tighter regulations and increasing competition change the playing field.

Australia's GI Code Governance Committee sees improved compliance as breaches decline

April 8 2025

Insurers reported 67,394 breaches of the Insurance Code of Practice in 2023–24, marking a 13% decline from the previous year.

Marsh Asia appoints Astrid Suryapranata as Mercer Marsh Benefits Leader for Indonesia

April 7 2025

Suryapranata has been with MMC for ten years.

regulator-fines-japans-major-non-life-insurers-for-price-fixing

Japanese insurers ramp up overseas growth as local market slows: AM Best

April 7 2025

US subsidiaries wrote over US$68bn in premiums in 2024, with annuities and diversified product lines driving growth.

marshs-tom-burrell-relocates-to-sydney-as-head-of-private-equity-mergers-amp-acquisitions-for-pacific

Marsh's Tom Burrell relocates to Sydney as Head of Private Equity Mergers & Acquisitions for Pacific

April 7 2025

Burrell moves from Marsh UK where he was Head of Transaction Advisory.

dai-ichi-lifes-15-challenger-stake-targets-australias-retiree-boom

TAL's 15% Challenger stake targets Australia's retiree boom

April 7 2025

Strategic move by Dai-ichi Life's Australian subsidiary signals expansion into country's booming retirement sector.

japans-insurance-industry-to-top-us400bn-in-2029-globaldata

APAC cedents capitalise on softening market at April renewals

April 7 2025

Carriers secured favourable reinsurance terms amid strong competition and abundant capital, though rising catastrophe losses could limit future rate reductions.