Asia Insurance Review, Magazine January 2025. Asian. Australians prefer to protect cars over themselves. Australians are now almost three times more likely to insure their car instead of their biggest asset – themselves and their earning potential – with new research revealing a deepening national crisis in access to affordable financial...

India’s insurance industry, with double-digit CAGR, is expected to grow by 7.1% in real terms over the next five years. With over $833bn in assets under management, the sector fuels infrastructure development, business growth and fosters innovation while creating substantial employment opportunities and promoting skill development.

Jan 3, 2025 · Bank Negara Malaysia (BNM) has announced substantive but interim measures to help health insurance policyholders affected by the increase in premiums of their medical and health insurance and takaful policies (MHIT).

Nov 5, 2024 · The 20th Singapore International Reinsurance Conference (SIRC) saw over 3,300 participants this year, with nearly 2,000 joining in from overseas.

Dec 4, 2024 · The central bank, Bank Negara Malaysia, yesterday released a policy document specifying the minimum requirements for enhanced consistency and comprehensive transparency aimed at improving information disclosure of financial products offered by financial service providers (FSPs), including insurance companies and takaful operators.

Jan 6, 2025 · The Taiping Reinsurance Company through a special purpose insurer Silk Road Re has issued $35m catastrophe bonds that offer three years of protection starting 1 January 2025 by covering named storms in the US and earthquakes in mainland China.

For over six decades, Nan Shan Life has steadfastly upheld its promise of sustainable protection for its policyholders and the society. It upheld its corporate mission of ‘Nan Shan as the source of excellent insurance and the backer of good health’ and adapted to social changes with two core transformations: ‘service empowerment’ and ‘digital empowerment’.

Dec 17, 2024 · Allianz yesterday - through its wholly owned subsidiary Allianz Europe BV - announced it has withdrawn its pre-conditional voluntary cash general offer to acquire at least 51% of the shares in Income Insurance. The announcement followed a report by Bloomberg over the weekend that Allianz was close

South Korea's insurance industry set for $191.2bn by 2029. South Korea's insurance industry is expected to grow at a compound annual growth rate (CAGR) of 3.4% from 2025 to 2029, rising from $167.1bn in 2025 to $191.2bn by 2029, according to...

Oct 31, 2024 · S&P Global Ratings (S&P) has identified several major trends and risks in the Asia-Pacific reinsurance sector in its report titled "Asia-Pacific Reinsurance Sector Update - Improvements Are Underway".