Policy maturities added another P3.17b in customer payouts during 2025. Sun Life Philippines paid more than $84.0m (P5.25b) in insurance claims in 2025, which is the cumulative total of claims…
Read article →Disclosure failures and inaccurate accounts rank amongst the region’s main loss drivers. Transaction risk insurance is becoming more important in Asia-Pacific (APAC) as Aon secured more than $26m in claims…
Read article →Lower-than-expected claim payouts helped insurance operations post a slight profit gain. China Shipowners Mutual Assurance Association (China P&I) is expected to maintain strong financial reserves and stable income over the…
Read article →Governments, businesses and households must absorb costs that policies do not pay. Asia-Pacific economies have less insurance cover against natural disasters than major developed markets, leaving governments, businesses and households…
Read article →Threat monitoring and incident response are bundled with the policy. MSIG Singapore has partnered with the newly launched Cybersecurity Association Singapore Limited (CASL) to provide cyber insurance as part of…
Read article →He previously ran Standard Life Asia and managed Hong Kong and Macau for WTW. Aon plc has named Sean Deehan as CEO of Strategy and Technology Group for Asia-Pacific. Based…
Read article →Most consumers don’t need big insurance policies, said EFGH’s CEO David Ng. Singapore’s insurance industry is paying increasing attention to affluent customers, but Embed Financial Group Holdings Pte Ltd. (EFGH)…
Read article →Investment returns still support overall profit whilst core insurance results remain thin. The People’s Insurance Company of China (Hong Kong), Limited (PICC HK) is expected to grow its inward reinsurance…
Read article →Large utility schemes still receive competitive terms when designs and data meet underwriter standards. As Asia is driving 74.2% of new global renewable energy capacity in 2025 by adding 513.3…
Read article →Hybrid securities supported the year-end 2025 BCAR assessment. DB Insurance is foreseen to recover through earnings, after a potential hit on its risk-adjusted capitalisation from the acquisition of The Fortegra…
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