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Voluntary auto policies generate nearly half of industry premiums. Japan’s non-life insurance sector is likely to maintain a stable outlook, but rising claims costs continue to put pressure on motor…
Read article →Commercial properties along the main trade route face concentrated damage. Overall insured losses from the recent catastrophic flooding in Nepal are expected to be low compared to total economic losses,…
Read article →First-half profit climbed 32% year on year after a weak first quarter. PICC Property and Casualty faces higher catastrophe losses and continued pricing pressure in parts of its non-motor business,…
Read article →Asia-Pacific accounts for just 10% of worldwide premiums compared with 65% for North America. Artificial intelligence (AI) and insufficient policy limits are becoming key risks for the cyber insurance market…
Read article →Health new business value advanced just 1% during the period. PICC Group faces weaker growth in its life and health businesses and the risk of higher catastrophe losses, even as…
Read article →Tough year-on-year comparisons had already weighed on first-quarter momentum. Jefferies Equities research said some Hong Kong-based hedge funds remain cautious about AIA Group Limited’s Value of New Business (VONB), pointing…
Read article →Only 24% of respondents have documented their retirement plans. Consumers across Asia–Pacific (APAC) are worried about retirement but are not taking enough action to prepare for it, with a 75…
Read article →The insurer’s operating results have been consistently positive over the past 20 years. Macau Insurance Company Limited (MIC) is expected to improve its underwriting result in 2026, AM Best said.…
Read article →Only 14% hold long-term care protection whilst 26% want more. Most Asia-Pacific (APAC) consumers hold a form of life insurance policy or retirement plan, but McKinsey said retirement products were…
Read article →Benefit payments jumped 19.57% to $1.1b in the first half. Premium collections of life insurance companies in the Philippines rose 17.91% in the first half of 2026, driven mainly by…
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