News
Indonesians lose financial security confidence: Survey
8+ hour, 44+ min 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…...
Construction insurance gaps threaten project financing
6+ day, 7+ hour ago (231+ words) Zurich said lenders may cut commitments when adequate cover is unavailable. Insurance availability is becoming a key factor in determining whether major construction projects can secure financing. Zurich Insurance Group's Beyond 2030: The Future of Construction, found that insurers are playing…...
Global insurance premiums to reach $8. 95t by 2035: Deloitte
1+ week, 1+ day ago (431+ words) Growth will be driven by rising protection demand, digital innovation, underserved markets, and ageing populations. Global insurance premiums are expected to rise from about US$5. 9t in 2024 to US$8. 95t by 2035, as demand for protection grows and digital innovation reshapes how insurers…...
Insurance capital shifts as 60% of investors expand
1+ week, 2+ day ago (418+ words) According to Gallagher Securities" "Unlocking Insurance Capital, based on a quantitative survey of over 60 large institutional investors conducted in late 2025 and interviews in early 2026, shows that 60% of respondents plan to expand their exposure to insurance assets over the next two…...
About $165b ASEAN renewable assets face climate risk, Zurich Insurance says
1+ week, 3+ day ago (375+ words) A $13b investment could reduce projected exposure from climate events. Climate resilience investment is becoming a key factor in the bankability of renewable energy projects across ASEAN, with targeted spending shown to reduce potential losses and improve financing conditions, according to…...
3 in 10 Australians nearing retirement fail to plan
1+ week, 3+ day ago (500+ words) A third of Australians approaching retirement have taken no action to prepare for life after work, despite most being actively engaged with their finances. According to Australian life insurance specialist, TAL, a study found that 33% of pre-retirees have not started…...
Thailand insurance licence applications fall 11. 31% in 2025
2+ week, 6+ hour 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+ week, 2+ day 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
2+ week, 6+ day 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
2+ week, 6+ day 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…...