...Reinsurers saw rate reductions approaching 20% in Asia Pacific for non-loss impacted accounts in 1 January renewals, Aon, a leading global professional services firm, highlights in its report titled "Reinsurance Market Dynamics January 2026 Renewal"....
Source : AIRPlus | 31 Dec 2025...Guangdong vehicles have for the first time been allowed to enter Hong Kong's urban areas. The Southbound Travel for Guangdong Vehicles (Entry into Urban Area) scheme commenced on 23 December....
Source : AIRPlus | 27 Dec 2025...The Financial Services Authority (OJK) has introduced the Insurance Support Programme (ISP) to mitigate risks in the online lending sector....
Source : AIRPlus | 25 Dec 2025...The Office of Insurance Commission (OIC) has issued a directive requiring insurance companies to issue compulsory third-party motor vehicle insurance policies in electronic format, allowing policyholders to receive their policies electronically instantly. The directive takes effect from 1 January 2026....
Source : AIRPlus | 25 Dec 2025...The main drivers of increased technology spending on asset liability management are regulatory demands, including heightened requirements for stress testing, solvency reporting, and risk disclosures, according to research from international FinTech company Clearwater Analytics (CWAN)....
Source : AIRPlus | 22 Dec 2025...Thai Reinsurance Public Company Limited's (THRE) underwriting performance is expected to be weaker in 2025, with the full-year combined ratio around 100% or slightly higher (9M2025: 95.7%, 2024: 85.4%), reflecting losses from the two exceptional natural disasters, according to Fitch Ratings....
Source : AIRPlus | 19 Dec 2025...The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 has been passed by both houses of Parliament....
Source : AIRPlus | 18 Dec 2025...International health insurance is the second most valued benefit for both HR decision-makers and international assignees (HR: 43%, IA: 54%), losing out to accommodation costs (HR: 45%, IA: 63%), according to AXA's report, titled 'World of Work: Global mobility on the move'....
Source : AIRPlus | 17 Dec 2025...Half of the attendees at a Root Platform's Managing General Agents' Association (MGAA) market briefing, are still at the earliest stages of their digital/ and Application Programme Interface (API) transformation journey, according to the results of a live poll conducted at the briefing session....
Source : AIRPlus | 17 Dec 2025...Korean Reinsurance Company's (KRE) dominant market position will remain unchallenged over the medium term, despite its ongoing portfolio restructuring in the domestic market, according to AM Best....
Source : AIRPlus | 17 Dec 2025...The Financial Services Authority (OJK) is finalising a regulation concerning risk sharing between insurance companies and their customers in the health insurance ecosystem....
Source : AIRPlus | 17 Dec 2025...The number of insurance companies marketing health insurance products has been declining, according to data from the Financial Services Authority (OJK)....
Source : AIRPlus | 17 Dec 2025...Young caregivers aged 10 to 20 suffer significant emotional strain and fear when a parent falls critically ill, according to Income Insurance....
Source : AIRPlus | 17 Dec 2025...APAC insurers are increasingly embracing external managers for reasons tied to strategy, governance, and technology, not simply operational convenience....
Source : AIRPlus | 09 Dec 2025...The total premium income of the Philippine pre-need industry reached PHP17.52bn ($313m) in the first three quarters of 2025, up by 3.92%, compared to the corresponding period last year, according to data from the Philippine Insurance Commission (IC) released on 6 December 2025....
Source : AIRPlus | 09 Dec 2025...Cyber crime topped the Singapore, APAC and global risk rankings in 2025, according to the PwC report, titled 'Insurance Banana Skins 2025 - Singapore highlights: What's keeping insurers in Singapore awake in 2025 and how prepared are we?'....
Source : AIRPlus | 08 Dec 2025...The Insurance Council of Australia (ICA) has warned residents affected by last month's severe storm and hail event to be wary of disaster chasers....
Source : AIRPlus | 08 Dec 2025...Sixty-three per cent of South Australians have not prepared their home for bushfire season, according to new research from AAMI....
Source : AIRPlus | 08 Dec 2025...Geopolitical instability and climate risk are two realities that insurance clients face every day, according to the CEO of Wholesale Markets Asia at QBE, Ronak Shah....
Source : AIRPlus | 08 Dec 2025...Technology is not an end in itself but an enabler that helps insurers sever clients better and make smarter decisions, Mr Ronak Shah, CEO of Wholesale Markets Asia at QBE said....
Source : AIRPlus | 08 Dec 2025...The Central Commission for Discipline Inspection and the National Supervisory Commission have issued an official statement confirming that they have launched an investigation into PICC P&C President Yu Ze....
Source : AIRPlus | 08 Dec 2025...Allianz SE Reinsurance has appointed Ms Anna Kohls as the new Regional CEO and Head of P&C Client Management of its reinsurance branch in Singapore, Allianz SE Reinsurance Branch Asia Pacific (Allianz Re APAC), effective 1 January 2026....
Source : AIRPlus | 04 Dec 2025...Claim losses from a devastating fire at a residential estate in Hong Kong will add pressure to the underwriting results of the property/casualty (P/C) insurance sector, said S&P Global Ratings in a report released today....
Source : AIRPlus | 02 Dec 2025...Talent is a critical factor in building a sustainable wholesale business, according to the CEO of Wholesale Markets Asia at QBE, Mr Ronak Shah....
Source : AIRPlus | 01 Dec 2025...There is healthy and growing demand for specialty and facultative solutions right across Asia, and it is not limited to developed markets, according to the CEO of Wholesale Markets Asia at QBE Ronak Shah....
Source : AIRPlus | 01 Dec 2025...Insurers would fail to fulfil their role if they take an exclusionary approach, refusing coverage to the most vulnerable, according to French global insurer AXA in a recent report....
Source : AIRPlus | 01 Dec 2025...Location and the construction of valuable assets are critical determinants of loss potential, especially as the likelihood of Nat CAT increases, said Dr Melanie Fischer, Natural Hazards and GIS/Data Analyst at HDI Global....
Source : AIRPlus | 01 Dec 2025...All life insurers in South Korea will be able to launch products, enabling life insurance policyholders to have access to death benefits early in their retirement, by 2 January 2026, according to the Financial Services Commission (FSC)....
Source : AIRPlus | 26 Nov 2025...Climate risk has become "a recurring theme" in the insurance market, according to Aon's Head of Commercial Risk Solutions for APAC, Terence Williams....
Source : AIRPlus | 26 Nov 2025...Ranked the top risk both globally and in APAC, according to Aon's 2025 Global Risk Management Survey, cyber is an interesting line of business, said Aon's Head of Risk Consulting, APAC, Adam Peckman....
Source : AIRPlus | 26 Nov 2025...The Insurance Development Forum (IDF), a public-private partnership that aims to close insurance gaps, has released a new paper, addressing the growing divide between insured and uninsured losses from natural disasters....
Source : AIRPlus | 26 Nov 2025...The life insurance industry in Singapore continues to shift due to technological innovation, evolving consumer demands for long-term protection needs and ongoing geopolitical concerns....
Source : AIRPlus | 26 Nov 2025...Non-life insurer, Chubb Insurance Malaysia, has filed for an initial public offering (IPO) on Bursa Malaysia to sell 300m existing shares, or 30% of its issued capital....
Source : AIRPlus | 20 Nov 2025...Eight in 10 people (83%) in Singapore said they have delayed care in the past year, according to an Economist Impact report commissioned by Prudential....
Source : AIRPlus | 20 Nov 2025...Diversification will continue to drive reinsurer strategies in 2026 and beyond, according to Francis Savari, CEO of UIB Asia Reinsurance Brokers....
Source : AIRPlus | 17 Nov 2025...Australians of all ages are feeling the squeeze of rising costs, mental health pressures, and uncertainty about their financial futures, according to new independent research commissioned by the Council of Australian Life Insurers (CALI)....
Source : AIRPlus | 17 Nov 2025...Insurers tightening policy wordings, raising premiums and, in some cases, withdrawing from high-risk regions as traditional insurance models are tested by new and intensifying perils, according to a new report by Global Insurance Law Connect (GILC)....
Source : AIRPlus | 17 Nov 2025...The conversation around flood risk in the (re)insurance industry is "shifting from response to proactivity", according to Dr Andrew Smith, COO of Fathom, a water and climate information company....
Source : AIRPlus | 11 Nov 2025...Quantum security will emerge as a top priority for enterprises across the APAC region in 2026. More than 90% of the firms in the region are expected to invest in post-quantum technologies as cyber threats intensify "harvest now, decrypt later" tactics according to research and technology company Forrester's "2026 Asia Pacific predictions" report....
Source : AIRPlus | 11 Nov 2025...The Annuity Working Group (AWG), formed by the Securities and Exchange Commission of Pakistan (SECP), has proposed the development of a regulatory framework to guide pension fund managers in dealings with fund participants at retirement age....
Source : AIRPlus | 10 Nov 2025...The Securities and Exchange Commission of Pakistan (SECP) has released a report by its Annuity Working Group (AWG) that highlights key gaps in the current retirement landscape and proposes measures to broaden access to lifetime income solutions and strengthen Pakistan's retirement income framework....
Source : AIRPlus | 10 Nov 2025...The general insurance and takaful sector's operating profits were broadly sustained at MYR1.9bn in the first half of 2025, according to Bank Negara Malaysia's (BNM) report, titled "Financial Stability Review: First Half 2025"....
Source : AIRPlus | 10 Nov 2025...Global economic and policy uncertainties and the consequent volatile financial market conditions are expected to continue to pose a key downside risk to the performance of insurers and takaful operators (ITOs) in Malaysia, given their sizeable investment holdings in bonds and equities, according to Bank Negara Malaysia's (BNM) report, titled "Financial Stability Review: First Half 2025"....
Source : AIRPlus | 04 Nov 2025...Consumers who are optimistic about economic improvement are more likely to boost their insurance spending compared to those who believe the economy is deteriorating, a study by Hong Kong-headquartered global reinsurer Peak Reinsurance Company has found....
Source : AIRPlus | 04 Nov 2025...While financial security is regarded as a cornerstone for legacy planning across the region, more than half of the respondents to a survey by Sun Life Asia feared their wealth will not last beyond their children's generation, thus underscoring an urgent need for structured planning and financial literacy....
Source : AIRPlus | 04 Nov 2025...The number of claims in Thailand arising from a powerful magnitude-8.2 earthquake that struck central Myanmar earlier this year was higher than expected, according to Swiss Re vice president and team lead, client underwriting, Mr Oh Tian Yu....
Source : AIRPlus | 04 Nov 2025...The Insurance Regulatory and Development Authority of India (IRDAI) has issued new guidelines establishing a comprehensive regulatory framework to help insurers and distribution channels identify, prevent, and manage fraud-related risks....
Source : AIRPlus | 04 Nov 2025...Life insurers and takaful operators (ITOs) in Malaysia were affected by weaker equity investment performance amid uncertainty surrounding US tariffs in the first half of this year, according to Bank Negara Malaysia's (BNM) report, titled "Financial Stability Review: First Half 2025"....
Source : AIRPlus | 30 Oct 2025...Health insurance has a positive impact on increasing the utilisation of healthcare facilities, meaning that individuals with health insurance are more likely to access healthcare facilities when sick compared to those without, according to a study published by Universitas Airlangga (UNAIR), one of Indonesia's leading public universities....
Source : AIRPlus | 30 Oct 2025...Insurers are preparing for another year of economic uncertainty, with inflation once again emerging as a leading macroeconomic concern, according to BlackRock's 14th annual "Global Insurance Report"....
Source : AIRPlus | 30 Oct 2025