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Insurance Asia Magazine - Issue No. 24

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In this issue

Asia’s insurance sector is being redrawn by hard constraints, such as capital rules, demographic shifts, and regulatory bets. Singapore is a case in point: a trillion dollars in assets is expected to change hands over the next 15 years. On page 6, see how FWD and IPP are positioning themselves more as succession planners than policy sellers.

Pru Life UK's Manila headquarters embrace hybrid work with cross-functional space

The office has recreational and wellness areas to help employees recharge.

1 mins

Etiqa launches Singapore's first takaful insurance

Demand for Islamic financial products from the Middle East and Southeast Asia is growing.

3 mins

MSIG targets Chinese students in Thailand

The Chinese accounted for 53% of foreign students in Thai universities last year.

2 mins

Sandra Lee steers BMS Asia in M&A growth

She builds the firm's broking capabilities whilst tackling climate risks, digital adoption, and underinsurance in Asia.

2 mins

Oona Insurance eyes M&A to boost earnings

Stricter capital rules are pushing weaker players out of the Philippine market.

3 mins

Top 50 list shows worsening dip in SG's insurance premiums

Strong nonlife growth softened the blow from life insurance's decline.

3 mins

Top 50 list shows recovery in HK insurance premiums

Only four segments in the top 10, all life insurers, posted growth in 2023.

3 mins

Asia's longest bancassurance deal turns 25

They have the longest-running bancassurance partnership in Singapore and Asia.

2 mins

Bajaj Allianz rolls out women's insurance

The plan covers critical illnesses, maternal and reproductive health, and wellness.

2 mins

Solvency rules force insurers to merge

Insurers must provide capital for increased risk from floods, amongst other charges.

2 mins

Global firms eye Hong Kong for in-house insurance

Self-insurance could lower premiums over time and improve liquidity.

2 mins

Medical inflation strains state budget and Thai insurers

Public spending on health may be unsustainable in the long run.

2 mins

How GCash's credit and insurance tools unlock Philippines' inclusion barriers

Bank access increased to 65%, whilst insurance penetration improved to 1.71%.

2 mins

Cloud Calling: Revolutionising the claims process for enhanced customer experience

ICICI Lombard constantly strives to innovate and leverage technology to enhance its customer interactions, ensuring clients receive seamless and efficient support throughout their journey.

3 mins

BRI Insurance: Driving sustainable growth and empowering MSMEs

It delivers strong profit growth through premium gains, innovation, and MSME expansion.

2 mins

15 years of excellence in complex claims

With over 15 years of proven expertise and global partnerships, vrs VietAdjusters delivers technical excellence, local insight, and unwavering client commitment.

2 mins

Peak Re: Supporting growth and stability through reinsurance

The company is committed to innovation and client-centric services that meet evolving market needs.

3 mins

Pacific Union Insurance Company bags two wins at Insurance Asia Awards 2025

It has made a huge impact with its operational innovations and employee development solutions.

3 mins

AIA Investment Management Private Limited wins three accolades at Insurance Asia Awards 2025

The company leads in pension fund performance, trusted income strategies, and regional financial education.

2 mins

discovermarket doubles down on embedded insurance with wins at Insurance Asia Awards 2025

The company simplifies embedded insurance, offering seamless, localised protection

3 mins

AIA Group builds a future-ready workforce through cloud and technology training

AIA Group has been recognised for its comprehensive approach to workforce transformation through the AIA Cloud Academy and its evolution into AIA Tech Academy.

2 mins

AIA Philippines and BPI AIA introduce affordable, flexible plans to help Filipinos achieve life goals

Combining protection, health coverage, and investment growth, AIA Philippines and BPI AIA empower individuals to take control of their financial future whilst staying resilient.

3 mins

FWD Vietnam affirms its position through a series of domestic and international awards

It was recognised in two categories at the Insurance Asia Awards 2025.

1 mins

Shin Kong Life wins Insurtech Initiative of the Year -Taiwan for pioneering smart tech in insurance

Through its Green Policy-Analyzer System (G.P.S), Shin Kong Life conducts comprehensive insurance needs analysis to close coverage gaps for its customers.

2 mins

Prudential Vietnam redefines standards with new universal life insurance product PRU-Max Protect

The company was honoured with two wins at the Insurance Asia Awards 2025.

2 mins

FuSure Reinsurance honoured with two accolades at 2025 Insurance Asia Awards

The emerging innovator was recognised for advancing underwriting technology.

2 mins

CTF Life: Revolutionising Customer Experience to Create Value Beyond Insurance

Empowering customers, life planners, brokers, and employees with personalised and unified experiences.

3 mins

HSC Insurance Group named International General Insurer of the Year - China

CEO Michael Hu reflects on the company's journey, its focus on innovation, and how HSC centres on customer-centricity in China and beyond.

2 mins

Cathay Life Insurance's IOT Green Ecosystem leads Taiwan's net-zero transformation

Cathay Life Insurance won the ESG Initiative of the Year - Taiwan at the Insurance Asia Awards 2025 by creating the IOT Green Ecosystem to lead in sustainable finance and digital innovation.

2 mins

Cebuana Lhuillier Insurance Brokers clinches back-to-back wins at 2025 Insurance Asia Awards

CLIB continues to cement its leadership in inclusive insurance.

3 mins

The HMO trusted by top employers in the Philippines: iCare's story of transformation and growth

The company received recognition for Brand Transformation of the Year - Philippines.

2 mins

Love in Life: How a 115-Year-Old brand is changing the way Filipinos see insurance

InLife redefines insurance as an act of love, helping Filipinos protect themselves and those they cherish.

3 mins

Generali Vietnam receives two awards at Insurance Asia Awards 2025

Its digital-first solutions enhance transparency, access, and customer experience.

2 mins

YF Life * Ant Bank: Redefining inclusive digital insurance in Hong Kong

YF Life partnered with Ant Bank to revolutionise online insurance experience.

3 mins

KBZMS General Insurance: Redefining excellence in Myanmar's insurance landscape

The company was recognised for its commitment to innovation and customer service.

3 mins

Elevating expectations: How ICICI Lombard is redefining health insurance in India

ICICI Lombard's Elevate breaks the mould with Al-driven personalisation, modular design, and a bold campaign that positions insurance as empowering, intuitive, and adaptable.

3 mins

Cocogen, Klook win Social Media Initiative of the Year - Philippines at Insurance Asia Awards 2025

The insurance company's collaboration with Klook for Annyeong Coco reached the wide Korean pop culture fanbase in the Philippines.

1 mins

What's the use of this money now?

Learn about how one customer's words sparked RHB Insurance to rethink on cancer protection.

3 mins

EDUARD SARGSYAN

The essential element of a modern, customer-centric insurance business

3 mins

BENJAMIN NG

Risk strategies for decommissioning traditional power plants

2 mins

Read all Stories from Insurance Asia

Insurance Asia Magazine Description:

Publisher: Charlton-Media-Group

Category: Business

Language: English

Frequency: Yearly

Insurance Asia Magazine is a half-yearly magazine that covers the latest news, trends, and developments in the insurance industry in Asia. The magazine is published by Charlton Media Group and is available in print and digital formats.

Insurance Asia is aimed at senior management in Asia's insurance companies, as well as government officials, industry experts, and investors. The magazine provides readers with in-depth analysis, expert insights, and practical advice on how to succeed in the increasingly challenging and competitive Asian insurance market.

Each issue of Insurance Asia features a mix of editorial content, including:

* News and analysis: The magazine provides comprehensive coverage of the latest news and trends in the Asian insurance industry, including new product launches, regulatory changes, and financial results.

* Interviews: Insurance Asia features interviews with key decision-makers in the Asian insurance industry, including CEOs, CFOs, and government officials.

* Special reports: The magazine regularly publishes special reports on specific topics related to the Asian insurance industry, such as digital insurance, climate risk, and regulatory compliance.

* Case studies: Insurance Asia features case studies of successful insurance companies and initiatives in the Asia Pacific region.

* Product reviews: Insurance Asia reviews the latest insurance products and services.

* Columns and features: The magazine features columns and features on a variety of topics related to the insurance industry, such as risk management, underwriting, and claims.

Insurance Asia is a must-read for anyone who wants to stay up-to-date on the latest happenings in the Asian insurance industry. The magazine is known for its high-quality journalism, its in-depth analysis, and its expert insights.