It will offer foreign currency-denominated products in Labuan, Malaysia. Allianz Malaysia Berhad has incorporated its wholly owned subsidiary Allianz Labuan in the Federal Territory of Labuan, Malaysia effective 1 October…
Read article →Fewer than 1 in 3 said they have enough savings to last a whole year of recovery. Fewer than 1 in 3 Singaporeans, or 29%, have enough savings for prolonged…
Read article →Fully documented plans more than doubled to 22% from 10% in 2025. Families across Asia are increasingly planning for wealth transfer, but concerns about whether the next generation is ready…
Read article →The expense limit may drive insurers to cut sales, servicing, and claims staff, IBAI said. The Insurance Brokers Association of India (IBAI) said that proposed insurance distribution reforms will harm…
Read article →It automatically compensates users when rainfall in their location reaches 2.5mm or more. Igloo and DANA have launched DANA Rain Protection, a parametric weather insurance product in Indonesia. The insurance…
Read article →The travel insurance offers protection for trip cancellations, flight delays, and lost baggage. Monee, the fintech arm of Shopee’s parent company Sea Limited, has partnered with Great Eastern to launch…
Read article →It attributed it to its embedded insurance business and AI-native infrastructure. Igloo’s net loss narrowed by 60.4% year-on-year (YoY) in 2025, losing $6.73m (S$8.6m), based on its audited accounts released…
Read article →India is projected to expand about 10.5% annually over the next decade. Japan’s insurance market is expected to grow more slowly than much of Asia over the next decade, with…
Read article →Policyowners can name up to 5 interim owners, successor owners, and successor insured each. Chubb Life Hong Kong has launched the Chubb MyLegacy Multi-Currency Insurance Plan, which offers a customised…
Read article →Recruitment for a replacement APAC chief underwriting officer is underway. Markel Insurance has appointed Kevin Leung as managing director for its Southeast Asia operations. He is responsible for overseeing operations…
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