Only 1.11% of national economic output is covered by the industry. The Insurance Regulator of Cambodia (IRC) has signed a Memorandum of Understanding (MoU) with ACLEDA University of Business (AUB)…
Read article →Employers can provide medical access and financial protection through a single package. AIA Philippines and MediCard have launched Group Life + HMO, an employee benefits plan that combines life insurance…
Read article →Expired conventional cards will no longer be accepted under the temporary measure from August. Beginning in August, insured medical treatment in Japan will only be available to patients with a…
Read article →The agreement includes a 15 year exclusive bancassurance partnership through HSBC. Allianz has agreed to buy HSBC Life Singapore for S$2.7b (US$2.1b), with the transaction expected to complete in the…
Read article →Sompo has also acquired a Brazilian company. The insurance industry from 20 to 24 July saw lower catastrophe losses, rising transaction risk claims, and continued merger and acquisition activity. Asia’s…
Read article →Consistent internal generation and low underwriting leverage support its financial position. United Overseas Insurance Limited’s (UOI) could expand its regional business in line with opportunities arising from the wider strategy…
Read article →More than half expect government schemes to fund future care needs. Planning for long-term care remains low amongst Singaporeans, as only 19% of respondents understand and have planned for their…
Read article →Diversified earnings and stronger investment returns supported group profitability in 2025. Munich Reinsurance Company’s (Munich Re) risk-adjusted capitalisation remains at the strongest level under Best’s Capital Adequacy Ratio (BCAR) and…
Read article →Revised solvency rules are prompting insurers to rethink capital management. Japanese life insurers are increasingly looking overseas and relying more on reinsurance as they confront slowing growth at home, raising…
Read article →Long-term new office business reached $18.3b after a 51.1% annual increase. Hong Kong’s insurance market recorded strong growth in the first quarter of 2026 (Q1 2026), with total gross premiums…
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