News
Why expanding embedded insurance is Asian telcos" next differentiator
1+ hour, 37+ min ago (785+ words) The ability to integrate protection into everyday services will enable telcos to stand out. For many years, telcos across Asia have competed on the same battleground of network quality, price, data allowances, and customer perks such as entertainment bundles. However,…...
Four in five Singaporeans fear outliving their savings
4+ day, 4+ hour ago (376+ words) Seventy percent are worried about affording future care needs above the regional average. Many adults in Singapore are delaying their financial planning, including retirement and insurance needs, because they are supporting their families. Nearly half (46%) of respondents in Singapore have…...
Asia to add $1. 1t in life premiums over the next 10 years
4+ day, 5+ hour ago (315+ words) Singapore's total insurance premiums rose 10. 7% to $45. 3b in 2025. Asia remained the main driver of global life insurance growth in 2025, with premiums rising 9. 9%. According to Allianz Research's latest Global Insurance Report, China led the region with life insurance premiums growing 11. 4%. The report…...
South Korean firms seek insurance amidst workplace injury risks
4+ day, 5+ hour ago (304+ words) Aon said 64. 3% of organisations have plans for work-related injuries. Over half of South Korean businesses are considering insurance and risk transfer as competition, workplace safety and financial pressures reshape their risk priorities. According to a new survey by Aon, workplace…...
Indonesia credit claims jump 17% in Q1 2026
1+ week, 4+ hour ago (159+ words) The loss ratio climbed above 100% during January to March. Indonesia's general insurance sector is facing growing pressure in its credit insurance business as rising claim costs outpace premium growth, as reported by the Jakarta Globe. According to data from the…...
South Korea shields doctors from $1. 2m claims
1+ week, 5+ hour ago (214+ words) The government will pay the full $1, 138 annual premium per specialist. South Korea's Ministry of Health and Welfare has launched a state-funded liability insurance programme to protect essential healthcare workers from high financial compensation claims in medical accident cases, as reported…...
This week in insurance: Asians prioritise self-sufficiency, AI gaps emerge, and disaster losses mount
1+ week, 2+ day ago (452+ words) MAS to consult on new Protected Cell Company structure for insurance. The insurance industry 23 to 26 June saw shifting consumer priorities in Asia, a major platform divestment in Singapore, growing scrutiny of artificial intelligence's (AI) role in insurance discovery, and fresh…...
Singapore retirement gap tests insurers as consumers age
1+ week, 3+ day ago (314+ words) Healthspan lags lifespan by about 10 years as protection gaps reshape retirement planning. Singapore's higher Full Retirement Sum is putting renewed focus on whether consumers have enough savings and protection to fund longer lives and later-life healthcare needs. Akhil Doegar, Group…...
Tokio Marine Indonesia's capital holds strong despite reinsurance risk
1+ week, 4+ day ago (313+ words) AM Best expects risk-adjusted capitalisation to stay at its strongest level. PT Asuransi Tokio Marine Indonesia (TMI) is expected to maintain its strongest level of risk-adjusted capitalisation over the medium term, supported by continued internal capital generation and a conservative…...
Indonesians lose financial security confidence: Survey
1+ week, 4+ day ago (343+ words) Nearly a quarter of respondents tapped savings to manage daily expenses. Only one in 10 Indonesians said they feel secure financially, despite an increase in the country's overall financial resilience. According to the latest Sun Life Asia Financial Resilience Index, which…...