News
Thailand insurance licence applications fall 11. 31% in 2025
10+ hour, 18+ min ago (185+ words) Renewals reached 43, 897 in Q1 2026 according to the insurance regulator. Thailand saw total applications for new individual agent and broker licenses fall by 11. 31% year-on-year to 104, 884 in 2025, which had spill-over effects to this year. This downward trend continued into the first quarter of…...
Singapore finance employers to cut jobs in Q3 2026
2+ day, 11+ hour ago (358+ words) Singapore's finance and insurance sector is expected to cut headcount in the third quarter of 2026. The sector recorded a Net Employment Outlook of minus 2% for the July to September period, according to Manpower Group's latest Employment Outlook Survey." This means…...
Taiwan life premiums climb 50% to $5b in Q1 2026
6+ day, 12+ hour ago (213+ words) Revenue increased from $3. 2b or NT$99. 476b in the same period last year. Taiwan's premium revenue from new foreign-currency-denominated life insurance policies reached about $4. 8b (NT$149. 0b) as of the end of March 2026, up 50% from $3. 2b (NT$99. 5b) a year earlier. Investment-linked insurance products accounted for…...
South Korea insurers" $3b profit leaves non-life firms behind
6+ day, 12+ hour ago (330+ words) The 30 non-life players reported $1. 4b after a year-on-year decline. South Korea's insurance industry first quarter 2206 (Q1 2026) net income rose 9. 5% year-on-year (Yo Y) to $2. 9b (KRW4. 48t). The higher combined earnings of 52 insurers, including 22 life insurers and 30 non-life insurers, were driven by stronger investment income at life…...
Hong Kong life insurance crowds out health and P&C
1+ week, 12+ hour ago (290+ words) Life made up $89. 3b of the market in 2025 against $3. 8b for P&C. Hong Kong's insurance market remains heavily driven by life insurance, with 93. 2% of the total insurance sector dominated by it. According to Allianz Research's Global Insurance Report 2026, it estimated Hong Kong's…...
Philippine insurance seen growing 9. 6% vs 8. 3% GDP growth
1+ week, 1+ day ago (342+ words) The projection exceeds the expected pace of worldwide industry expansion. The Philippines' insurance market is expected to grow by 9. 6% annually over the next decade, outpacing projected nominal gross domestic product growth of 8. 3%. The report forecasts global insurance market growth of…...
Philippine insurers face underwriting swings from weather
1+ week, 1+ day ago (356+ words) Susan Tan said volatile conditions are pressuring non life carriers. AM Best has maintained a stable outlook for the Philippines' non-life insurance sector, supported by strong growth prospects driven by economic expansion and a pipeline of major infrastructure projects. In…...
Companies rethink health cover as claim costs climb
1+ week, 2+ day ago (518+ words) MOH rider changes tighten coverage and lift co-payment exposure from April 2026. Rising private medical claims and tighter policy rules are forcing insurers and employers in Singapore to redesign health benefits as medical inflation accelerates and workers face higher out-of-pocket costs....
Singapore companies rethink health cover as claim costs climb
1+ week, 2+ day ago (513+ words) MOH rider changes tighten coverage and lift co-payment exposure from April 2026. Rising private medical claims and tighter policy rules are forcing insurers and employers in Singapore to redesign health benefits as medical inflation accelerates and workers face higher out-of-pocket costs....
Cambodia's January 2026 premiums inch down to $42m
1+ week, 3+ day ago (189+ words) Policies nearly doubled to 472, 175. Cambodia's insurance sector recorded total gross premiums of $42. 4m in January 2026, down 1% from $42. 7m in January 2025. General insurance premiums fell 3% to $23. 5m, compared with $24. 3m a year earlier. Life insurance premiums rose 3% to $18. 9m from $18. 4m. The number of policies increased sharply,…...