Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years. The Philippines’ insurance penetration in 2025 reached 1.79% and insurance density climbed to $75.05 (₱4,414.58),…
Read article →The 16-year veteran will lead bancassurance at the industry’s ninth-ranked premium provider. Canara HSBC Life Insurance Company Limited has re‑designated Soly Thomas as Deputy Chief Executive Officer and Chief Distribution…
Read article →Claims and maturity proceeds span protection and savings. AIA Singapore paid out more than $40b in death, critical illness, accident, hospitalisation and maturity proceeds over the last decade, the company…
Read article →Insurers broadened protection to cover supply chain attacks and social engineering fraud. Commercial insurance rates across Asia fell by 5% in the latest quarter, unchanged from the previous quarter, reflecting…
Read article →Both sides are discussing final terms after agreeing in principle on key financial conditions. Beazley has extended the deadline for Zurich Insurance Group to decide whether it will make a…
Read article →The Singapore-based executive reports to Richard Broad who leads treaty for APAC. Miller has appointed Sailesh Divakaram as head of Treaty Asia, strengthening its regional reinsurance leadership as it continues…
Read article →Graphene will be used to boost connectivity and support direct-to-consumer sales. MSIG Asia has appointed Peak3 as its digital insurance platform partner, in a move it said will speed up…
Read article →The move gives Talanx full ownership of Warta and TU Europa. Talanx AG and Meiji Yasuda Life Insurance Company have ended their strategic partnership by mutual agreement, effective 31 December…
Read article →The company moved 450 staff to Lower Parel hub, uniting Risk, Capital, and Human Capital teams. Aon plc has merged its three Mumbai offices into a single location at One…
Read article →Regional reinsurer participation increased across property financial lines and cyber markets. Commercial insurance rates in India fell sharply in the fourth quarter of 2025 (Q4 2025) as capacity expanded and…
Read article →
