The approvals raise the total number of authorised providers to 11 for marine risk protection. India has widened the number of Russian insurers allowed to provide marine cover for ships…
Read article →At least 15 events each caused damage exceeding $1b across the region. Asia-Pacific’s (APAC) economic losses from natural disasters were estimated at $76b in 2025, with only 10% (~$7b) being…
Read article →Routes can cut sailing distance by up to 40% between Asia and Europe or North America. Arctic shipping may create a limited opening for insurers, but the market is still…
Read article →The scheme will cover hull cargo liability and war risks for Indian linked vessels. India has approved the creation of a domestic maritime insurance pool backed by a $1.4b (INR129.8b)…
Read article →Districts with over 70% rural population contributed up to 24%. Rural and small Indian cities are pushing almost half of the insurance demand in the country, with digital channels boosting…
Read article →Total policies jumped 47% to 477,228 even as revenue weakened. Cambodian insurers’ gross premium in December 2025 dipped 3% year-on-year (YoY) to $32.6m, as general insurance recorded a contraction. Data…
Read article →Just 27% say they have enough means to support themselves beyond age 90. Women in the Philippines face a “triple penalty” of caregiving responsibilities that threatens their long-term financial stability…
Read article →42% report heavier security-related expense pressure amidst the Middle East conflict. Large Singaporean firms said they feel they have a higher exposure to insurance and security-related costs (42%), compared to…
Read article →Phil Hoffman takes the travel post from 15 April pending regulatory clearance. Allianz Partners has announced two appointments to its board of management as part of efforts to support its…
Read article →Optional riders for accidental death and serious illness come at additional cost. PNB MetLife India Insurance Company Limited (PNB MetLife) has launched a new savings and protection product. The PNB…
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