Life insurance premiums in Hong Kong are forecast to grow by around 5-10% annually over the next two years, said S&P Global Ratings' Associate Director, Insurance Ratings, Ms Judy Chen, speaking at a webinar.
The Hong Kong government's first Five-Year Plan, unveiled in September 2026, offers several opportunities for insurers, according to S&P Global Ratings' Associate Director, Insurance Ratings, Ms Judy Chen.
Al Buhaira National Insurance Company (ABNIC) has appointed Mr Ahmed Khalifa as CEO, following the Central Bank of UAE's non-objection, according to a company disclosure filed with the Abu Dhabi Exchange.
Allianz Retire+ and AIA have formed a strategic partnership aimed at addressing Australia's growing retirement challenge.
The United Nations Development Programme (UNDP) and Generali Central, representing the Generali Group's general and life insurance businesses in India, have launched an Insurance Innovation Challenge to identify and scale solutions that strengthen the resilience of India's micro, small and medium-sized enterprises (MSMEs).
The Life Insurance Association of Malaysia (LIAM) has welcomed the government's plan to subsidise the first-year MediAsas premium by MYR200 ($49) per employee at eligible small and medium-sized enterprises (SME).
Aon's 2027 Global Medical Trend Rates report, projects that medical costs in Asia Pacific will increase by 9.7% in 2027, compared with 11.3% in 2026.
Prudential Singapore has launched PRUActive Family Care (PAFC), a whole-of-life protection plan designed for Singaporeans caring for multiple generations. The plan enables caregivers to provide protection for both their child and ageing parents under a single policy.
Manulife Asia has promoted Mr Andy Bruce to the role of Chief Information Officer.
Utmost has appointed Ms Natalie Yeo as Head of High Net Worth Underwriting.