Asia Pacific Life and Health insurance

Life + Health

Latest insight

Prudential posts 12% new business profit growth in FY2025 powered by bancassurance surge

China non-life premiums reach ¥1.76t in 2025 as A&H grows, insured exposure expands

IRDAI convenes industry discussion on Public Insurance Registry and Bima Sugam infrastructure

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IRDAI moves to continuous registration model for intermediaries

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Australian life insurers see strong ROI on external rehabilitation spend, but late referrals blunt gains — Swiss Re

BNP Paribas Cardif eyes return to India with IndiaFirst Life stake acquisition — report

manulife-guardant-health-to-launch-multi-cancer-blood-test-in-asia-in-april

Manulife brings Guardant Health’s Shield MCD cancer screening to Hong Kong, Philippines, and Singapore

Korean insurers, local governments to roll out mutual growth insurance for small businesses

Woori Financial weighs full Tong Yang Life buyout and ABL merger — report

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S&P lifts Sun Life Hong Kong rating on Asia growth role

(Re)in Focus

“Insurers or brokers have to help employers look at their profiles."

Soaring healthcare costs push Asia’s insurers to revise strategies, exit markets

People moves

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IRDAI reconstitutes advisory panel with 18 industry, policy leaders

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Pacific Life Re names Dion Russell as managing vice president, business services, protection

FWD Group announces senior leadership appointments

FWD Group names new CFO, chief actuary and Thailand CEO in leadership reshuffle

jack-jiang-appointed-into-newly-created-chief-commercial-officer-role-at-chubb-life

Jack Jiang appointed to newly created chief commercial officer role at Chubb Life

Wilton Kee as Deputy Chief Executive Officer of Manulife Hong Kong and Macau

Manulife names Wilton Kee deputy CEO for Hong Kong and Macau

Prudential Hong Kong names Alex Wong to lead tech strategy for Greater China

amcham-hk-names-prudentials-han-locktons-spence-to-lead-insurance-sub-committee

AmCham HK names Prudential’s Han, Lockton’s Spence to lead new insurance sub-committee

AmMetLife names Wan Saifulrizal Wan Ismail as CEO

Clyde & Co names Jessica Thurtell as partner in Sydney

Lockton appoints Livy Dai as CEO for China

Key stories

China non-life premiums reach ¥1.76t in 2025 as A&H grows, insured exposure expands
New MGA regime flagged as last-mile growth lever for India’s insurance market
Japan life insurers post 10% premium growth in December amid bond pressures, rising surrenders
Japan’s economic solvency shift exposes gaps among smaller players
India life first-year premiums up 21.6% in January amid ULIP commission surge
Engineering, health, complement misc spike as India’s GI premiums rise 14% in January
Hong Kong extends ILS Scheme as 2026-27 budget targets emerging tech opportunities
Manulife Singapore sets new world record with US$300m HNW life insurance policy
Zurich Australia to acquire ClearView in A$415m deal
APAC insurers favour equity over debt in $5.6bn capital raises in H2 2025

(Re)in Focus

“As the regulatory regime changes, insurers are assessing whether their current reinsurance arrangement is fit-for-purpose, and in many cases there is interest in finding new and efficient ways of managing cost-of-capital.”

APAC insurance capital rules boost demand for structured solutions

Editor's choice

Prudential posts 12% new business profit growth in FY2025 powered by bancassurance surge

Wednesday, March 18 2026

China non-life premiums reach ¥1.76t in 2025 as A&H grows, insured exposure expands

Wednesday, March 18 2026

Australian life insurers see strong ROI on external rehabilitation spend, but late referrals blunt gains — Swiss Re

Tuesday, March 17 2026

Woori Financial weighs full Tong Yang Life buyout and ABL merger — report

Tuesday, March 17 2026

S&P lifts Sun Life Hong Kong rating on Asia growth role

Tuesday, March 17 2026

New MGA regime flagged as last-mile growth lever for India’s insurance market

Tuesday, March 17 2026

Acenda post-merger job cuts prompt union to initiate formal dispute

Tuesday, March 17 2026

FWD Group posts record 2025 profit as new business sales climb 25%

Monday, March 16 2026

Analysis

Vaping uptake among APAC youth challenges life insurance risk models

RGA report says insurers may need sharper nicotine segmentation as youth uptake and dual use add uncertainty to mortality and claims trends

Hong Kong extends ILS Scheme as 2026-27 budget targets emerging tech opportunities

The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities for insurers.

APAC insurers favour equity over debt in $5.6bn capital raises in H2 2025

In terms of regional variation, Chinese and Southeast Asian insurers leaned more heavily on equity markets, while Japanese carriers led debt issuance. Australian insurers adopted a mixed approach, accessing both equity and debt channels.

Global insurtech funding sees first rise since 2021, rising 19.5% in 2025 — Gallagher Re

(Re)insurers made a record 162 venture investments in insurtechs in 2025, Gallagher Re reported.

Data and Data Journalism

China non-life premiums reach ¥1.76t in 2025 as A&H grows, insured exposure expands

Premiums increased 3.9% year on year, driven by double-digit growth in accident and health lines, while insured exposure climbed 12%.

Asia's 69% NBV surge helps drive Generali's record 2025 results, but regional P&C combined ratio edges past 100%

The Italian-headquartered insurer posted a record €8bn operating result globally, with Asia life business outpacing every other region in terms of growth.

Japan insurers to retain stable outlook amid solvency reform, accounting changes, and higher yields — S&P

The ratings agency highlights stronger capital management and diversified earnings among Japan’s insurers as they adapt to higher interest rates, solvency reforms and increased use of reinsurance and overseas investments.

Engineering, health, complement misc spike as India’s GI premiums rise 14% in January

Miscellaneous, health and engineering drive a record January, while aviation collapses almost 96%.