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News
Allianz Malaysia premiums jump 11.5% to $1.1b in H1 2026.
2+ hour, 13+ min ago (228+ words) Total business volume increased 7% to $807.9m in the first half. Allianz Malaysia Berhad reported growth across both its general and life insurance segments in the second quarter of 2026, with total business volume, gross written premiums and operating profit all higher than…...
AM Best says Dhipaya can withstand claims pressure
1+ day, 2+ hour ago (203+ words) Its parent retains access to capital markets for financial flexibility. Dhipaya Insurance Public Company Limited is expected to maintain strong operating performance and keep its capital strength at the highest level over the medium term, according to a prospective assessment…...
Prudential enters India health insurance amidst $16b premium pool
1+ day, 2+ hour ago (172+ words) Customers gain access to more than 12,000 hospitals. Prudential has started operations of its standalone health insurance business in India through Prudential HCL Health Insurance Limited. Prudential Health India is majority-owned by Prudential plc, with HCL Group holding a 30% stake. The…...
This week in insurance: New products launch, insurers expand, AIA and Ping An profits surge
3+ day, 2+ hour ago (424+ words) Prudential Hong Kong also expanded its office space. The insurance industry from 17 to 21 August saw a wave of new product launches, business expansion and strong first-half earnings growth this past week. Chubb Life Hong Kong has launched the Chubb Care…...
Policybazaar launches term plan for students aged 18 to 25
4+ day, 1+ hour ago (223+ words) ICICI Prudential Life and Axis Max Life back offering. Policybazaar has launched a dedicated term insurance plan for students, developed with its insurer partners, aimed at extending life cover to young Indians before they enter full-time employment. ICICI Prudential Life…...
Offshore reinsurance expands despite slower annuity growth
4+ day, 2+ hour ago (302+ words) Seven heavy users were owned by private equity managers. Offshore reinsurance accounted for more than 56% of ceded US annuity reserves, including modified coinsurance reserves, in 2025, as insurers increased their use of offshore reinsurance despite slower annuity growth. AM Best said…...
Japanese life insurers strike global deals for private credit
4+ day, 2+ hour ago (289+ words) Japan Post taps KKR for overseas business access. Japanese life insurers are expected to form more partnerships with global asset managers as they increase their exposure to private credit and other alternative investments. The insurers are seeking greater diversification and…...
Manulife unveils two wealth plans for Singapore's mass-affluent
4+ day, 21+ hour ago (223+ words) This comes as 78% of adults in the city-state worry about outliving their savings. The company said the wealth plans are in response to rising concern amongst Singaporean consumers about long-term financial security. Manulife's Asia Care Survey 2026 revealed 78% of adults in…...
Asia insurance rates fall 5% in Q2 2026 as competition intensifies
5+ day, 1+ hour ago (291+ words) Cyber pricing dropped 8% across the region. Commercial insurance rates across Asia fell 5% in the second quarter of 2026, matching the decline recorded in the previous quarter, as insurers continued to compete for business and capacity remained available. Globally, commercial insurance rates…...
Meiji Yasuda records $1.2b loss as premiums retreat
6+ day, 2+ hour ago (206+ words) Meiji Yasuda Life Insurance reported a 33.7% year-on-year increase in group net operating profit to $934.3m (JPY148.3b) in the first quarter of fiscal 2026, despite a decline in premiums. Net income attributable to the parent company rebounded to $106.5m (JPY16.9b) from a $63,000 (JPY10m) loss in the same…...