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News
India weighs health insurance reforms amid rising medical costs
1+ hour, 24+ min ago (388+ words) India is considering a series of health insurance reforms aimed at curbing rising healthcare costs, improving pricing transparency and streamlining claims, according to sources familiar with the discussions. The proposed measures include benchmarking treatment rates agreed between insurers and hospitals,…...
The Philippines: Sun Life pays out more than US$85.75m in claims
1+ week, 1+ day ago (125+ words) Sun Life Philippines has paid out more than PHP5.25bn ($85.75m) in claims in 2025. The total amount covers claims paid across Sun Life's individual and group insurance businesses, as well as its bancassurance operations through Sun Life Grepa Financial. According to a released…...
Vietnam: Country's first comprehensive co-payment health insurance product launched
3+ week, 2+ day ago (348+ words) Asia Insurance Review Vietnam:Country's first comprehensive co-payment health insurance product launched - /News/ViewNewsLetterArticle/id/96044/type/eDaily/Vietnam-Health-ministry-drafts-new-framework-for-medical-service-fees-under-insuranceVietnam:Health ministry drafts new framework for medical service fees under insurance - /News/ViewNewsLetterArticle/id/95728/type/eDaily/Igloo-partners-with-Chubb-Life-to-expand-life-and-health-insurance-distribution-in-Vietnam-and-IndonesiaIgloo partners with Chubb Life to…...
Thailand urged to improve insurance literacy amid debate over endowment policy returns
3+ week, 3+ day ago (235+ words) A public debate over the advertised returns of endowment insurance policies has highlighted the need for greater insurance literacy in Thailand, according to a former president of the country's Actuarial Association. The discussion was sparked by criticism on social media…...
Thailand's life insurance association looks to upgrade claims processing
1+ mon, 1+ week ago (128+ words) Image courtesy of the Thai Life Insurance Association. The Thai Life Insurance Association (TLIA) is looking to upgrade its claims standards, and has already held a seminar, as conducted by the Life Insurance Claims Subcommittee on the topic. It also…...
Expanding inclusive insurance in Sri Lanka
1+ mon, 1+ week ago (247+ words) Insurance industry to evolve from a reactive approach to a proactive "National Risk Buffer" A regional reinsurance hub in the making M&A trend continues to loom over local insurers Unreliable climate patterns disrupt Thai farming and coverage Life sector…...
Insurers upbeat on end of ME conflict
1+ mon, 3+ week ago (283+ words) Asia Insurance Review Insurers upbeat on end of ME conflict - /News/ViewNewsLetterArticle/id/95390/type/eDaily/Conflict-monitor-Global-insurance-market-signals-brief-window-for-buyers-as-geopolitical-and-legal-volatility-acceleratesConflict monitor:Global insurance market signals brief window for buyers as geopolitical and legal volatility accelerates - /News/ViewNewsLetterArticle/id/95643/type/eDaily/Global-Thomas-Kropp-takes-over-COO-CIO-role-at-HDIGlobal:Thomas Kropp takes…...
South Korea: Around 86% of insurance disputes arise from denied claims
2+ mon, 4+ day ago (350+ words) Asia Insurance Review South Korea:Around 86% of insurance disputes arise from denied claims - /News/ViewNewsLetterArticle/id/95054/type/eDaily/South-Korea-Range-of-insurance-products-for-children-widened-as-insurers-look-for-long-term-customersSouth Korea:Range of insurance products for children widened as insurers look for long-term customers - /News/ViewNewsLetterArticle/id/95781/type/eDaily/Philippines-Essential-medicines-to-be-available-free-across-more-than-2000-outletsPhilippines:…...
New Zealanders willing to pay for life protection despite pressure on budgets
2+ mon, 3+ week ago (258+ words) As of 31 March 2026, there are 4m life insurance covers across New Zealand, against an estimated population of 5.35m. At the same time, annual life insurance premiums reached NZ$3.31bn ($1.93bn), up 2.7% y-o-y, even as cover numbers continue to fall. According to the Financial Services…...
India: Slower growth for insurance sector expected in 2027
3+ mon, 1+ week ago (218+ words) India's insurance industry is expected to move into a slower growth phase in FY27. Life insurance premiums are projected to rise by 8-11%, while general insurers are likely to record high single-digit growth, as the sector adjusts to regulatory changes alongside heightened…...