Munich Re has announced that its cyber businesses in APAC and Africa will be led by a newly appointed management team.
A stark divergence between life and property insurance companies in the accident insurance branch has emerged, driven by tightening regulatory oversight, shifting sales strategies and the rise of digital ecosystems.
The authorities have wiped out a class of insurance products labelled as health insurance policies but structured as high-yield wealth management plans under the "Protection + Savings + Healthcare" concept.
Large and mid-sized insurance companies are rapidly deploying capital and services to the home-based elderly care market as the vast majority of seniors choose to age in familiar environments.
Hong Kong-quartered FuSure Reinsurance Company, a subsidiary of China's Internet giant, Tencent Holdings, has delivered positive operating performance since its second year of operation in 2022, says AM Best.
Pet insurance premium income has soared to at least CNY3bn ($443m) in 2025 from about CNY50m in 2020, making it one of the fastest-growing branches in the property insurance industry.
Ping An Insurance (Group) Company of China, continues to advance its "Integrated Finance + Health and Senior Care" strategy, as population aging accelerates and improving the quality of life has become a key concern for society at large.
The risk protection landscape of China's intelligent connected vehicle sector is being quietly restructured.
Almost all (90%) of Chinese travellers polled take into account environmental risks and extreme weather events, according to the "Global Travel Confidence Index" (GTCI) report, released by Allianz Partners. This percentage far exceeds the global average of 68%.
Climatic conditions this year suggest that conditions are conducive to the formation of typhoons in the Northwest Pacific, which are more likely to hit Japan, the Greater China region or South Korea.