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Tariff volatility casts credit shadow over insurers: AM Best
April 16 2025
AM Best highlights potential inflationary pressures and increased claim costs for insurers amid ongoing tariff disputes.
HSBC Life Hong Kong appoints new COO and CDO
April 15 2025
Anita Menon (left) promoted to Chief Operating Officer and Angela Chan (right) elevated to Chief Distribution Officer.
Sun Life extends active lifestyle initiative for marginalised youth in Asia
April 15 2025
Sun Life boosts investment for the “Hoops + Health” programme to combat the risk of diabetes among young people in six Asian countries.
Vietnam general insurance market set to reach US$3.9bn by 2029: GlobalData
April 15 2025
The firm forecasts a 7% CAGR for Vietnam’s general insurance sector, driven by health, property and EV cover.
Australia extends consultation on insurer–repairer motor conduct code
April 15 2025
The Motor Vehicle Insurance and Repair Industry Code of Conduct Administration Committee extended the public consultation period by eight weeks to 23 June 2025.
APAC insurance markets brace for impact as US-China trade tensions soar
April 15 2025
Region's insurers face challenges including market volatility, slower premium growth, and increased hedging costs.
Over 5,000 insurance claims lodged after South Korea wildfires, assessments ongoing: Report
April 14 2025
Crop loss claims dominate claims following wildfires in Uiseong and Sancheong Counties.
FSA orders Prudential Life to provide comprehensive plan following employee misconduct: Report
April 14 2025
Employee misconduct prompts Japanese regulator to demand stricter compliance measures.
Labor's Home Guarantee Plan could threaten lenders' mortgage insurance market, ICA Warns
April 14 2025
The Insurance Council of Australia says proposed scheme could also put pressure on financial stability and housing affordability.
APAC cyber insurance market to grow to 8% global share by 2027: Munich Re
April 14 2025
The market is resilient enough to withstand multiple extreme cyber exposure scenarios, Munich Re says.
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