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Emerging risks | Growth Opportunities | APAC Insurance

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Thursday, October 15, 2026

L&H

data-driven-decision-making-key-to-sustain-profitable-growth-in-insurance-industry-aon
Data-driven decision-making key to sustain profitable growth in insurance industry: Aon 
August 29 2024
Aon's analysis of 100 global (re)insurers suggest there are common traits among high performers, including advanced data analytics capabilities.
indiafirst-life-becomes-first-life-insurer-to-start-gift-city-operations
IndiaFirst Life becomes first life insurer to start GIFT City operations 
August 29 2024
Insurer sets up in special economic zone, looking to serve a global consumer base.
koreas-fsc-chief-urges-insurers-to-prioritise-swift-claims-payments-trust-building-report
Korea’s FSC Chief urges insurers to prioritise swift claims payments, trust-building
August 29 2024
Kim Byoung-hwan emphasised October deadline to digitise insurance claims, while also calling for insurers to invest in ways that boost the economy.
am-best-upgrades-peak-res-outlook-to-stable
AM Best upgrades Peak Re's outlook to Stable
August 29 2024
AM Best affirms ratings while upgrading outlook, noting parent company's improved access to funding and bank support to mitigate liquidity and refinancing risks.
woori-to-acquire-tongyang-and-abl-life-from-chinas-dajia-insurance-group-report
Woori signs deal to acquire Tongyang Life and ABL Life for US$1.16bn
August 29 2024
Woori Financial Group aims to diversify portfolio with acquisitions, but faces regulatory scrutiny due to recent loan scandals.
apra-announces-internal-reorganisation-in-line-with-2024-2025-strategic-plan
APRA announces internal reorganisation in line with 2024-2025 strategic plan
August 29 2024
Australia’s prudential supervisor is set to reduce its frontline divisions from three to two, aiming to streamline the monitoring in the insurance sector.  
peak-re-sets-record-us200m-net-profit-in-2023
Peak Re reports US$124.2m net profit in H1 2024
August 28 2024
COR rises slightly, but reinsurer reports growth in L&H business, while P&C GWP increases to US$847.9m.
Prudential
Prudential sees 1.4% decline in new business profit for 1H 2024 
August 28 2024
Group sees 9% increase in operating profit, but a drop in new business profit for the first half of th year.
indian-insurtech-insurancepadosi-raises-us500k-in-antler-led-funding-round
Indian's InsurancePadosi raises US$500K in Antler-led funding round 
August 27 2024
Insurtech plans to use the funds to enhance its AI-driven platform and expand its product offerings.
FWD
FWD Group report 14% year-on-year VONB growth for 1H 2024 
August 27 2024
FWD also posted US$223m in operating profits, driven by positive performance across all its geographic business segments. 
hard-reinsurance-market-to-remain-for-at-least-two-more-years-am-best
Hard reinsurance market to remain for ‘at least’ two more years: AM Best
August 27 2024
AM Best forecasts reinsurance hard market will persist due to climate risk, higher interest rates, and increased risk complexity.
taishin-and-shin-kong-announce-merger-amid-ctbc-takeover-bid
Takeover battle for Shin Kong Financial intensifies with CTBC’s new bid 
August 26 2024
CTBC makes new offer to acquire a majority stake in Shin Kong, with a premium above rival Taishin's offer.
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