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Accident and Health
LIC set to acquire 40-49% stake in ManipalCigna: Report
March 27 2025
Reported deal would value the health insurer at around at INR35bn rupees (US$408m).
Indonesia’s PA&H insurance market projected to reach US$4.05 bn by 2029: GlobalData
March 27 2025
Analytics firm projects that premiums are expected to rise 14.2% in 2025 alone.
Cigna Healthcare names Rob Peat as CEO of Asia Pacific
March 26 2025
He has been with the company since 2002, most recently serving as CFO for International Health
Malaysia's life and takaful insurers’ profits halve as medical claims soar
March 26 2025
Escalating medical costs and increased claims will put further pressure on underwriting income.
CTF Life rolls out cross-border outpatient plan in partnership with GBA Healthcare Group
March 25 2025
The plan provides cross-border healthcare coverage across Hong Kong, Macau, and six cities in mainland China’s Greater Bay Area.
Singapore general insurance premiums rise 6.3% in 2024: GIA
March 24 2025
Health insurance returned to an underwriting profit, while motor insurance losses deepened in 2024.
FuSure receives approval to offer long-term business in Hong Kong, upgrades to composite licence
March 24 2025
Reinsurer now licensed to offer life, annuity, and permanent health products and says it's exploring expansion in motor, pet, cyber, and liability insurance.
AIA Singapore to offer free personal accident insurance for participants, spectators of HYROX event in June
March 21 2025
10,000 participants of HYROX Open Asian Championships 2025 to be offered free PA&H coverage for the month of June.
Allianz and Jio Financial reach initial agreement to form joint venture in India: Report
March 21 2025
Sources tell Bloomberg a preliminary deal for a health and general insurance JV has been reached.
LIC eyes ‘substantial stake’ in health insurer, decision expected by March-end
March 19 2025
Move could reshape the competitive landscape of India's health insurance market.
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