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Insurance Business Asia Insurance Business provides daily news, opinion and analysis for insurance brokers and advice professionals.

Insurance Business is a key business resource in the insurance industry, providing daily breaking news, cutting-edge opinion and in-depth analysis for insurance brokers and advice professionals. Insurance Business also offers a series of industry reports that recognise the achievements of key individuals and businesses as well as providing the latest in business best practice in a continually evolving industry.

According to the 2025 Global Fraud Index, advanced markets like Japan, Singapore, and Malaysia are struggling to keep pa...
17/10/2025

According to the 2025 Global Fraud Index, advanced markets like Japan, Singapore, and Malaysia are struggling to keep pace with increasingly sophisticated scams. Chia Hock Lai of the Digital Assets Association calls for unified action and stronger collaboration to bolster anti-fraud infrastructure across the region.

Index shows advanced markets like Japan are struggling to keep up with scams

Taiwan’s Financial Supervisory Commission (FSC) is tightening oversight of how insurance companies outsource their opera...
17/10/2025

Taiwan’s Financial Supervisory Commission (FSC) is tightening oversight of how insurance companies outsource their operations, proposing a new set of binding regulations that would replace existing administrative guidelines.

New FSC draft rules to raise compliance standards

Cathay Life Insurance is making a bold move to reshape Taiwan’s asset management landscape.Group President Lee Chang-ken...
17/10/2025

Cathay Life Insurance is making a bold move to reshape Taiwan’s asset management landscape.

Group President Lee Chang-ken confirmed the insurer will gradually shift over NT$7 trillion ($228B) in mandates to Cathay Securities Investment Trust, aiming to boost regional competitiveness and support Taiwan’s ambition to become a wealth hub.

Push to make industry regionally competitive

Philippine Agriculture Secretary Francisco P. Tiu Laurel Jr. is seeking a substantial increase in funding for crop insur...
16/10/2025

Philippine Agriculture Secretary Francisco P. Tiu Laurel Jr. is seeking a substantial increase in funding for crop insurance to expand protection for millions of Filipino farmers facing growing climate and market risks.

Only half of Filipino farmers are covered as the subsidy remains unchanged since 2022

Vietnam’s Ministry of Finance (M*F) is proposing updates to the Law on Insurance Business as part of its efforts to mode...
16/10/2025

Vietnam’s Ministry of Finance (M*F) is proposing updates to the Law on Insurance Business as part of its efforts to modernize the sector. These draft amendments are now open for public feedback, as reported by Viet Nam News.

Ministry of Finance opens draft amendments for public feedback

Taiwan is calling on its asset-rich life insurers to give billions of investment mandates to domestic money managers in ...
16/10/2025

Taiwan is calling on its asset-rich life insurers to give billions of investment mandates to domestic money managers in a government push to turn the chip-making economy into a regional financial hub.

Government pushes to turn the chip-making economy into a regional financial hub

Markel Insurance, the insurance operations within Markel Group Inc., has announced the appointment of Tom Hillier as its...
15/10/2025

Markel Insurance, the insurance operations within Markel Group Inc., has announced the appointment of Tom Hillier as its chief underwriting officer (CUO).

The shake-up reflects the insurer's efforts to bolster governance and underwriting performance globally

The latest edition of the Future Risks Report by AXA and Ipsos highlights a marked increase in public perceptions of fra...
15/10/2025

The latest edition of the Future Risks Report by AXA and Ipsos highlights a marked increase in public perceptions of fragmentation and vulnerability to global risks.

As public anxiety over threats climbs, experts and citizens alike call for collective action

Growing client interest in credit and political risk insurance across Asia-Pacific has prompted Texel Group to bolster i...
15/10/2025

Growing client interest in credit and political risk insurance across Asia-Pacific has prompted Texel Group to bolster its Singapore team with two experienced brokers, adding capacity in response to regional market growth.

Industry talent shifts as insurers compete for expertise

Jeff Bezos calls AI a “good bubble”—but insurers warn the fallout could be anything but. As AI valuations soar, insurers...
14/10/2025

Jeff Bezos calls AI a “good bubble”—but insurers warn the fallout could be anything but. As AI valuations soar, insurers like Beazley and Swiss Re flag rising risks from “silent exposures,” unclear liability, and speculative deployments, with bespoke coverage struggles already hitting major players like OpenAI and Anthropic.

If this is a bubble – and it bursts – it WILL be messy

FWD Group Holdings Limited (FWD) has named Craig Tunstall as interim chief risk officer (CRO), ensuring continuity in it...
14/10/2025

FWD Group Holdings Limited (FWD) has named Craig Tunstall as interim chief risk officer (CRO), ensuring continuity in its risk and compliance leadership as Jeremy Porter prepares to retire from the insurance industry on November 14, 2025.

Leadership change follows Jeremy Porter's planned retirement

Bajaj Finserv Limited has taken full control of its insurance businesses, acquiring Allianz SE’s 26% stakes in both life...
14/10/2025

Bajaj Finserv Limited has taken full control of its insurance businesses, acquiring Allianz SE’s 26% stakes in both life and general insurance units and rebranding them as Bajaj Life Insurance and Bajaj General Insurance.

New campaign stresses local ownership and identity

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