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Available capital reached $190.3b at the end of December. South Korean insurers’ available capital under the Korean Insurance Capital Standard (K-ICS) rose by $6.2b (KRW9.3t) quarter on quarter to $190.3b…
Read article →It applies to foreign citizens hired by Vietnamese employers. Foreign workers in Vietnam working under labour contracts of at least 12 months are now covered by compulsory social insurance (SI)…
Read article →Many consumers delay retirement planning despite rising longevity risks. Asian insurers may need to focus less on awareness and more on converting financial concern into action, as consumers across Hong…
Read article →MOH rider changes tighten coverage and lift co-payment exposure from April 2026. Rising private medical claims and tighter policy rules are forcing insurers and employers in Singapore to redesign health…
Read article →Martin Zingg joins after the annual general meeting and takes a non-executive seat. Hong Kong-listed insurer FWD Group has appointed Martin Zingg as a non-executive director, effective immediately following its…
Read article →SEADRIF and FAO designed the pilot to release funding before damage intensifies. Lao PDR has launched Southeast Asia’s first sovereign anticipatory drought insurance pilot, giving the government access to financing…
Read article →MMIL was incorporated after approval from India’s Ministry of Corporate Affairs. Mahindra Group and Manulife have incorporated their life insurance joint venture, Mahindra Manulife Insurance Limited (MMIL). The two companies…
Read article →Chubb Life products will be available in Ignite beginning June 2026. Igloo, a Singapore-based insurance technology (insurtech) company, will now distribute insurance solutions of Chubb Life Insurance across Vietnam and…
Read article →Susan Tan said volatile conditions are pressuring non life carriers. The Philippines’ non-life insurance market’s growth may be offset by risks including macroeconomic uncertainty, tighter monetary policy, and potential financial…
Read article →Luxury timepiece buyers can secure worldwide protection at checkout or later. KoverNow has partnered with Watch Exchange, a luxury watch dealer in Singapore, to offer digital insurance coverage for high-value…
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