Philippine pre-need income plunges 88% in Q1 2026
The industry still sold 244,233 plans in the first quarter of 2026. The Philippine pre-need industry net income dropped by 88.05% to $2.2m (P0.14b) in the first quarter of the…
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MAS proposes PCC model for separate insurance risks in one entity
The move supports captive insurance and alternative risk transfer. The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a legislative framework for a new Protected Cell Company…
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Cambodia insurance policies plunge 42% in April 2026
Gross premiums reached $27.0m in April 2026 after both life and general insurance declined 1%. Cambodia’s insurance market in April 2026 marginally decreased by 1% year-on-year (YoY) to $27.0m in…
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China pushes insurers to tailor products for women
Local authorities were encouraged to reduce counter-guarantee requirements. China introduced new measures covering artificial intelligence, energy and financial support for women, including guidance for insurers to develop products tailored to…
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Vietnam insurance rules let 62 disease groups skip referrals
Those with serious and rare conditions can go directly to specialised medical facilities from 1 July. Vietnam will introduce new Social Insurance and Health Insurance regulations nationwide from 1 July…
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Australia’s wealth gap punishes younger adults
Those aged 25 to 34 added just $67,620 in household wealth over the past 2 years. The wealth and well-being gap between older and younger Australians is widening and could…
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National Australia Bank insurance app cuts bushfire risk to 1.5%
Customers can use the free rating tool to identify property upgrades before the fire season. National Australia Bank (NAB) has launched a new initiative to help homeowners lower their insurance…
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Nine in 10 investors do not trust AI for investment decisions
Banks can respond by moving toward a hybrid advisory model. Investors across Asia are turning to artificial intelligence (AI) for research and analysis, but just 8% use it to make…
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APAC obesity gap leaves employers with higher claims
Many health plans do not cover obesity medicines, treatments or surgery unless tied to another condition. Asia-Pacific (APAC) is facing growing health and insurance costs as obesity rates rise, with…
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Indonesia life premiums rise 5% as claims hit $2.1b
Booked new business premiums reached $1.5b from January to March 2026. Indonesia’s life insurance industry recorded booked new business premiums of $1.5b (Rp27.90t) in January to March 2026 (Q1 2026),…
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