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5 days ago | 
asiainsurancereview.com | Sarah Si
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5 days ago | 
asiainsurancereview.com | Sarah Si
Insurers must be aware of financial market trends, particularly, recently, when the need to understand and act on these trends has grown more urgent and expanded to more facets of the insurance business, said Swiss Re head of life and health reinsurance APAC excluding China, Ms Daisy Ning.
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5 days ago | 
asiainsurancereview.com | Sarah Si
A promising area in insurance is digital health underwriting, where insurers use electronic health records - increasingly adopted across APAC - to conduct underwriting assessments more efficiently, according to Swiss Re head of life and health reinsurance APAC excluding China, Ms Daisy Ning.
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5 days ago | 
asiainsurancereview.com | Sarah Si
Ignyte Insurance has been officially launched as a specialty insurance platform dedicated to acquiring, scaling and accelerating high-performing insurance brands in niche markets around the world, including Australia. The company aims to deliver innovative, consumer-centric insurance solutions across niche markets, and its growth strategy is driven by a proven acquisition model, deep underwriting expertise and a disciplined investment approach.
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5 days ago | 
asiainsurancereview.com | Sarah Si
According to the India Brand Equity Foundation, analysts from India Ratings noted that rising inflationary trends and firming reinsurance rates in select business lines are also expected to support value-led growth. Increasing affordability, innovation and broader reach will strengthen volume expansion across the sector, as well. The article stated that standalone health insurers are expected to be crucial contributors, as growth has been projected to be 21% y-o-y in 2026.
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5 days ago | 
asiainsurancereview.com | Sarah Si
Zhibao Labuan received its licence to seek to undertake general reinsurance operations beyond mainland China from the Labuan Financial Services Authority on 14 April 2025. The new reinsurance arm will enable the company to potentially tap into an additional revenue stream through reinsurance premiums and the potential for underwriting profits based on the performance of the reinsured policies.
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5 days ago | 
asiainsurancereview.com | Sarah Si
OIC secretary-general Chuchat Pramulpol spoke about the regulator’s vision, called “OIC and its proactive role: Promoting road safety alongside insurance”, saying that the prototype project is a new dimension due to the increasing accident rate.
The average over the past five years has indicated a worrying situation, with an average of 14,000 deaths from road accidents every year. In addition to causing losses at the family level, it also affects the overall economy.
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5 days ago | 
asiainsurancereview.com | Sarah Si
Cambodia's insurance industry recorded gross premiums of $357m in 2024, up from $36.1m in 2012, an annual average growth rate of 25%, according to the Khmer Times. The data was revealed at the Information Sharing Forum, themed “Current Developments of Insurance market in Cambodia”, which was organised by the Insurance Association of Cambodia in collaboration with Club of Cambodia Journalist, the article noted.
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1 week ago | 
asiainsurancereview.com | Sarah Si
Financial risk insurance with high exposure relative to capital, as well as inward reinsurance with largely untested underwriting policies supported rising gross written premiums (GWP) in 2024, Fitch noted. Total GWP grew by 21% in 2024 to UZS9.8tn ($756m), as non-life business, which dominates the market, continued to grow rapidly, Fitch said.
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1 week ago | 
asiainsurancereview.com | Sarah Si
Brunei's insurance regulator, the Brunei Darussalam Central Bank (BDCB), has published the Business Sentiment Index (BSI) for February 2025. The index is based on surveys conducted on around 500 micro, small, medium and large businesses from 11 economic sectors in Brunei Darussalam, across all districts. Finance and insurance is one of these economic sectors.
