Taiwan insurance to top $145b by 2036
The market ranks second only to Hong Kong in Asia for insurance penetration at 10.1% of GDP. Taiwan’s insurance premiums are forecast to reach $145.0b (EUR127.2b) by 2036, bolstered by…
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Indonesia life claims fall 7.9% as surrenders decline
The industry paid $6.2b to 6.92 million beneficiaries during the first nine months of 2025. Indonesia’s life insurance industry paid $6.2b (Rp110.44t) in claims and benefits to 6.92 million beneficiaries…
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Vietnam hits 95.2% health insurance coverage
The rate beat the five year target by 0.16 percentage points. Vietnam’s national health insurance scheme covered 95.2% of the population by the end of 2025, meeting its five-year target…
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China life insurers slash guaranteed payout risk
Participating policies share company profits with customers instead of relying only on fixed promises. Chinese life insurance companies are expected to sell significantly more participating products over the medium term,…
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Australia insurers tighten renewable energy cover: Willis
Natural catastrophe exposure continues to shape underwriting across renewable projects. Australia’s renewable energy insurance market remains supportive but is becoming more selective as project risks increase, despite continued growth in…
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Asia-Pacific leads political risk insurance growth
North America remains the largest market even as Asia-Pacific expands faster. The Asia-Pacific political risk insurance market is expected to record the fastest growth globally through 2030, even as North…
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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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Asia-Pacific usage-based insurance to grow 18.6%
The global market was estimated at $32.6b in 2025. Asia-Pacific (APAC) is set to become the primary driver of global growth in the usage-based insurance (UBI) market, expanding at a…
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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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