Business type

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.

willis-appoints-steve-hutchinson-as-head-of-property-amp-casualty-for-hong-kong-and-macau

Willis appoints Steve Hutchinson as Head of P&C for Hong Kong and Macau

April 23 2025

Hutchinson moves after a short stint with Howden.

Chinese insurtech Zhibao Technology launches Labuan reinsurance arm

April 23 2025

Zhibao Labuan Reinsurance will allow the insurtech to broaden revenue streams through reinsurance activities outside of mainland China.

Rising medical inflation tests Thai health insurers

April 23 2025

The March introduction of compulsory copayment rules is expected to slow healthcare inflation, but demographic challenges remain.

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.

Global: Swiss Re appoints Bernhard Kaufmann as Group CRO

April 23 2025

Kaufmann to join from Helvetia, where he also currently works as Group Chief Risk Officer.

Euclid Transactional appoints Wai Ling Low as its first APAC-based tax underwriter

April 22 2025

Low joins Euclid Transactional from EY Singapore, where she was Associate Partner.

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.

janene-blizzard-to-lead-chubbs-accident-health-in-asia-pacific

Janene Blizzard to lead Chubb's Accident & Health business in Asia Pacific

April 22 2025

Blizzard will relocate to Singapore to oversee the region's A&H strategy and growth from 1 June.

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