A revision in the Chinese medical insurance law to improve the nation's basic healthcare system is likely to happen soon according to a news item posted on the website of The National People's Congress of the People's Republic of China.
A new survey has revealed that while overall perceptions of financial security in Asia have slightly improved, the reality is more sobering - particularly for GenZ, who emerge as the least financially secure and resilient generation surveyed.
Around two third of the policyholders participating in a survey said they have limited or no understanding of their insurance benefits and 60% of the dependents are unaware that they are even covered under any policy. The survey conducted by InsurTech CoverSure revealed that there is a significant gap between insurance ownership and coverage awareness among Indian policyholders.
Around 20% of Australian families avoid using their private hospital health insurance covers due to high out-of-pocket costs according to a survey conducted by Money.com.au.
China's long-term care insurance programme significantly reduces the financial burden of health and care costs for older adults with cognitive and physical limitations according to a new study by King's College London.
Over 60% (62%) of Electric Vehicle (EVs) owners in Australia are concerned about the lack of qualified repairers in their area. Additionally, 90% of EV owners - or those intending to purchase an EV - say it's important that their insurer has access to qualified EV repairers according to a new report by NRMA Insurance.
Japan's total fertility rate in 2024 fell to a record low of 1.15. It is much below 2.1, the rate required to keep the population stable. In 2023 it was recorded as 1.20 according to a report by Japan's Ministry of Health, Labour and Welfare in June 2025.
In India while working men's protection quotient has risen to 50 (from 47 in IPQ 6.0), women's protection quotient score remains at 48 according to the seventh edition (IPQ7.0) of Axis Max Life Insurance's India Protection Quotient (IPQ) study.
FWD Group Holdings' (FWDGHL) bottom line, underpinned by sustained growth through both onshore and offshore channels in Hong Kong and a solid business presence in Thailand, is expected to continue to improve in 2025 according to Fitch Ratings. The group's growth is also expected to benefit from its established bancassurance channel.
Mr Reynaldo A Regalado, Insurance Commissioner of the Philippines, has been elected as the chairman of Asian Reinsurance Corporation (Asian Re).