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Insurance Asia

Insurance Asia - The Latest News, Analysis, Profit Results, Share Price Information, Analysis and Commentary. Insurance Asia covers all Asia business, economic, insurance, finance news, and more.

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News

Insurance Asia
insuranceasia.com > insurance > news > only-1-in-5-firms-have-climate-insurance-in-singapore

Only 1 in 5 firms have climate insurance in Singapore

14+ hour, 4+ min ago   (267+ words) Another 40% plan to obtain protection within the next 12 months, according to the study. Only 16% are covered against climate-related risks in Singapore, although a further 40% intend to do so in the next 12 months. The findings from a study by Singlife and…...

Insurance Asia
insuranceasia.com > insurance > news > korea-life-insurance-association-targets-17-ai-projects-2027

Korea Life Insurance Association targets 17 AI projects by 2027

3+ day, 13+ hour ago   (259+ words) The rollout includes legal review, contract review, and data verification. The Korea Life Insurance Association has launched three artificial intelligence (AI) systems for complaint management, advertisement review, and internal regulation searches, with plans to develop a total of 17 AI projects…...

Insurance Asia
insuranceasia.com > insurance > exclusive > platform-workers-still-face-healthcare-gap-despite-legal-protections

Platform workers still face healthcare gap despite legal protections

3+ day, 14+ hour ago   (372+ words) foodpanda and Singlife launched a clinic-discount programme in August. Prabhu Salarajoo, a foodpanda rider of more than 10 years, sometimes delays doctor and dental visits because of the cost, highlighting a healthcare gap that remains for Singapore's platform workers despite recent…...

Insurance Asia
insuranceasia.com > insurance > news > ping-health-balance-sheet-very-strong-amidst-china-reform

Ping An Health balance sheet 'very strong' amidst China reform

4+ day, 14+ hour ago   (215+ words) Bottomline is supported by its underwriting results and investment income. Ping An Health Insurance Company of China, Ltd. (Ping An Health) maintained a strong operating performance and capitalisation in 2025, according to AM Best. The China-based health insurer maintained solid growth…...

Insurance Asia
insuranceasia.com > commentary > hong-kongs-insurance-boom-facing-financing-test

Hong Kong’s insurance boom is facing a financing test

6+ day, 9+ hour ago   (748+ words) The Monetary Authority requires clearer explanations of financing works, risk disclosure, loan tenors, and repayment terms. For insurers and advisers, these trends are closely connected. As more wealthy families use Hong Kong to structure and manage intergenerational wealth, demand is…...

Insurance Asia
insuranceasia.com > insurance > news > income-insurance-commits-528m-climate-investments

Income Insurance commits $528m to climate investments

6+ day, 13+ hour ago   (310+ words) The insurer is working toward a S$1b climate transition financing target. Income Insurance has committed $527.9m (S$945m) to green and climate-related investments as it works towards its $558.7m (S$1b) climate transition financing target, according to its 2025 Sustainability Report. The Singapore insurer said…...

Insurance Asia
insuranceasia.com > insurance > news > south-korea-underfunds-health-insurance-deficit-nears

South Korea underfunds health insurance as deficit nears

1+ week, 6+ day ago   (168+ words) State support stands at 14.2% of projected premium revenue. South Korea's national health insurance system is projected to enter a deficit this year as government financial support remains below levels mandated by law, as reported Asia Today. Budgeted government funding for…...

Insurance Asia
insuranceasia.com > insurance > news > taiwan-spillover-effect-premiums-surge-152

Taiwan spillover-effect premiums surge 152%

2+ week, 5+ day ago   (189+ words) Insurers issued 745,934 contracts in the first half up 29% from a year earlier. Taiwan life insurers recorded a 152% increase in first-year premium income from spillover-effect insurance products in the first half of 2026, whilst sales of in-kind payment products declined, according to…...

Insurance Asia
insuranceasia.com > insurance > news > indonesia-health-rules-impose-5-co-pay-claims

Indonesia health rules impose 5% co-pay on claims

2+ week, 5+ day ago   (140+ words) Outpatient charges will be capped at about $16.9 per case. The Indonesian Life Insurance Association, or AAJI, said it supports the implementation of Financial Services Authority Regulation No. 36 of 2025, which is intended to strengthen the country’s health insurance system amid rising…...

Insurance Asia
insuranceasia.com > insurance > news > vietnamese-bank-ventures-non-life-insurance

Vietnamese bank ventures into non-life insurance

2+ week, 5+ day ago   (221+ words) Its newly licensed unit carries $19.1m in charter capital. Asia Commercial Bank (ACB) has received approval from the Ministry of Finance to establish ACB Non-Life Insurance Company Limited (ACB Insurance), marking the bank's entry into Vietnam's non-life insurance sector. The new…...